Ethiopia: NBE Announces Major Relaxation of Foreign Exchange Directives

The National Bank of Ethiopia (NBE) has issued a public notice announcing a series of significant relaxations to Ethiopia’s foreign exchange directives, in a move aimed at strengthening the foreign exchange market and easing current account restrictions.

The National Bank of Ethiopia (NBE) has accepted the nomination of Wondwesen Teshome to serve as president of Enat Bank S.C., Fortune reported.
