Ethiopia’s interbank money market traded 191.3 billion birr in August, but the number that matters is 13.000, the rate banks accepted for two straight weeks before a $500 million central bank dollar sale changed the price of cash. For the first two weeks of August, the weighted average rate in Ethiopia’s local currency interbank money
Ethiopia’s headline inflation rate for July 2026 was 15.3%, up from 11.7% in April and 9.4% in March, according to the Ethiopian Statistical Service (ESS). Food inflation alone reached 15% year on year. That number is real, and it is already painful. But here is the uncomfortable question: does 15.3% actually capture everything you are
Somewhere along the way, Ethiopia’s stalled job market became a story about laziness. It’s a familiar narrative, usually aimed at the young and the unemployed. And repeated so often it started to sound intuitive, but does Ethiopia’s labour market actually support it? In this article we’re finding out. The theory goes something like this: the