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    • Ethiopian Birr (ETB)

Ethiopian Birr (ETB) Newsletter
  • Ethiopia Inaugurates First Stock Exchange 12 Jan 2025 16:14 GMT

    … wealth fund, Ethiopia Investment Holdings … from FSD Africa and FSD Ethiopia. የካፒታል ገበያ በገንዘብ እጥረት ምክንያት ሃሳብ እያላቸውና ስራ መስራት ለሚቸገሩ ወጣቶች በከፍተኛ ደረጃ የገንዘብ ምንጭ … ” in Ethiopia’s economic … Ethiopia over the past year, including floating the national currency, the Birr

  • Ethiopia opens stock exchange in drive for investors 11 Jan 2025 03:13 GMT

    … to open subsidiaries in Ethiopia, albeit with restrictions that … percent — in October. Ethiopia also announced a major reform … in July, allowing its currency, the birr, to float freely against … some 120 million people, Ethiopia recorded high rates of economic …

  • Ethiopia to open stock exchange in drive for investors 10 Jan 2025 13:23 GMT

    … States and hampered reforms. Ethiopia has not had a … banks to open subsidiaries in Ethiopia, albeit with restrictions that … in July, allowing its currency, the birr, to float freely against … some 120 million people, Ethiopia recorded high rates of economic …

  • Ethiopia Bets Big on Floated Currency as Kenya Masters the Art of Stability 01 Jan 2025 00:11 GMT

    … Theoretically, a weaker Birr should encourage export growth … external turbulence. For Ethiopia, currency liberalisation signalled an … can ripple through currency markets. Ethiopia’s predicament … these goods exacerbate Ethiopia’s forex shortfalls, undercutting …

  • Africa Gets New Stock Market as Ethiopia Seeks to Woo Investors 08 Jan 2025 07:24 GMT

    … recovers from a civil war.  Ethiopia Investment Holdings, which controls 40 … as much as 30 billion birr in an initial public … century of control over the currency. That unlocked $20 billion … investors.” Since the truce, Ethiopia has allowed foreign banks to …

  • Ethiopia’s neoliberalism and shock therapy agenda is a mistake 07 Jan 2025 04:22 GMT

    … foreign banks to enter Ethiopia’s hitherto closed financial … policies that have shifted Ethiopia’s economy away from … the Ethiopian birr — leading to a 170% depreciation of the currency, … all of which currently afflict Ethiopia. Government obfuscation While the …

  • NBE pauses independent forex bureau licensing pending evaluation 04 Jan 2025 08:39 GMT

    … at the National Bank of Ethiopia (NBE) are no longer … following the floating of the currency a few months prior. Dugda … Foreign Exchange Bureau, and Yoga Forex Bureau were the recipients. Regulators … have at least 15 million birr in capital and to provide …

  • Ethiopia opens first stock market since Emperor Haile Selassie 03 Jan 2025 09:58 GMT

    … , it marks a new Ethiopia,” said Tilahun Kassahun, chief … and restructure debt after Ethiopia defaulted in December 2023. … The following morning, Ethiopia floated its currency in what Mamo called … country, said officials. The birr has since fallen from an …

  • Commercial Bank of Ethiopia Bolsters Capacity Ahead of Foreign Bank Entry 30 Dec 2024 18:15 GMT

    … competitive banking landscape as Ethiopia prepares to welcome foreign … financial resources and bolster foreign currency reserves, modernize the banking … with a 900 billion Birr bond to bolster its … the Commercial Bank of Ethiopia for effective competition and …

  • Ethiopia's Macroeconomic Reform Key to Realize Sustainable Economic Growth: Policy Studies Institute 28 Dec 2024 17:57 GMT

    … reform being implemented in Ethiopia would significantly contribute … on floatation of the Ethiopian Birr: economic implications and … nation’s currency, ETB. Floating the Ethiopian birr represents a … the floatation of the Ethiopian Birr, he further revealed. …

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