Ethiopia: IMF-Backed Forex Reforms Cost Ethiopia $2.6 Billion in Central Bank Losses
[AllAfrica - Africa] - 23/01/2026
[Addis Standard] Addis Abeba -- Ethiopia's central bank, the National Bank of Ethiopia (NBE), has recorded losses equivalent to $2.6 billion following the country's shift from a fixed to a market-based foreign exchange regime in July 2024, according to audited financial statements cited by the (…)
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