Ethiopia: National Bank Plans to Achieving Price Stability
The National Bank of Ethiopia presented its current fiscal year plan to the House of Representatives' Standing Committee on Planning, Budget, and Finance.
Ethiopia: National Bank Prepares to Invite Foreign Financial Institutions
The National Bank of Ethiopia revealed that it was preparing to invite international financial institutions into the Ethiopian financial sector. The preparation includes amendment of regulations and change of supervision systems.
Ethiopia: National Bank Raises Import Advance Limits and Revises FX Rules for Travelers and Banks
The National Bank of Ethiopia (NBE) has announced a new set of foreign exchange reform measures, effective today, aimed at updating existing policies and addressing long-standing issues faced by importers, travelers, and financial institutions.
Ethiopia: National Bank to Change Old Notes to Brick Input
In the aim of avoiding burning currency, which is the traditional way of destroying currency in Ethiopia, National Bank of Ethiopia (NBE) installed a machine that will change tired bills to inputs for brick manufacturing.
Ethiopia: National Bank to Hold USD 60 Million Special Forex Auction on February 25
The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks.
