The introduction of bi-weekly auctions follows the implementation of a market-based exchange rate regime, which replaced the crawling peg system on 28 July, 2024. This reform is part of broader ...

The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange ...

At Banque Misr, the exchange rate also traded at EGP 50.52 for purchasing and EGP 50.62 for selling at 1:25 am ...

Likewise, the exchange rate recorded EGP 50.5 for purchasing and EGP 50.6 for selling at Banque Misr at 1:10 pm ...

The emergence of these high-yield certificates was linked to the worsening foreign exchange crisis that Egypt suffered two years prior to the recent economic reforms in March. The NBE reduced the ...

Addis Ababa, February 25, 2025 (ENA)—The National Bank of Ethiopia (NBE) hereby announces the results of the Special Foreign ...