Forex
National Bank of Ethiopia FX Auction No. 20 Settles at 155.88 Birr/USD as Demand Hits $177 Million
The National Bank of Ethiopia (NBE) has announced the results of Foreign Exchange Auction No. 20, allotting USD 70 million...
Read moreDetailsNational Bank of Ethiopia Issues Notice Prohibiting Birr-Paired P2P Crypto Transactions
The National Bank of Ethiopia (NBE) has issued a public notice stating that peer-to-peer (P2P) cryptocurrency transactions denominated in Ethiopian...
Read moreDetailsNBE Allots $455.29 Million in Second $500 Million Special FX Auction
National Bank of Ethiopia has announced the results of its second $500 million special foreign exchange auction, with $455.29 million...
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NBE FX Auction Settles at 155.12 Birr per Dollar
The National Bank of Ethiopia (NBE) set the birr at 155.12 per US dollar in its latest foreign exchange auction,...
Read moreDetailsNBE Introduces Forward FX Trading, Grants 100% Retention for Service Exporters in Major Reform Move
The National Bank of Ethiopia (NBE) has unveiled sweeping amendments to the country’s foreign exchange framework, introducing forward exchange trading,...
Read moreDetailsNational Bank of Ethiopia FX Auction No. 17 Clears at 155.05 Birr/USD
The National Bank of Ethiopia (NBE) has announced the results of its 17th Foreign Exchange Auction, with the market clearing...
Read moreDetailsNBE Announces USD 500 Million in Special FX Auction – Largest Single Injection Since Post-Reform Auctions Began
The National Bank of Ethiopia (NBE) has announced a USD 500 million special foreign exchange auction, marking the largest single...
Read moreDetailsCommercial Bank of Ethiopia Launches CBE Connect Digital Platform
The Commercial Bank of Ethiopia (CBE) today launched CBE Connect, a new digital platform designed to integrate multiple financial services...
Read moreDetailsNBE FX Auction Result Shows Dollar Clearing at 154.78 Birr
The National Bank of Ethiopia (NBE) has announced the results of its 15th Foreign Exchange Auction, held on Tuesday, as...
Read moreDetailsNBE FX Auction Clears at Birr 154.87 as 32 Banks Secure Dollars
The National Bank of Ethiopia (NBE) has announced the results of Foreign Exchange Auction No. 14, held today in Addis...
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