Ethiopian Prime Minister Accuses Foreign Embassies of Black Market Involvement in Forex Trade
Ethiopian Prime Minister Accuses Foreign Embassies of Black Market Involvement in Forex Trade

Addis Ababa, Ethiopia — In a bold statement addressing Ethiopia's parliament on Thursday, Prime Minister…

Ethiopia Faces Economic Challenges as Birr Depreciates by 30%

Addis Ababa, Ethiopia - Ethiopia's currency, the birr, has depreciated by 30% against the US…

Ethiopia Announces Major Currency Reform: Plans to Float Birr Amid Economic Overhaul

Addis Ababa, Ethiopia – In a bold move to stabilize its economy and attract foreign…

Ethiopia launches new monetary policy framework
Ethiopia Launches New Monetary Policy Framework in Bid to Secure IMF Funding

Addis Ababa, Ethiopia — The Ethiopian central bank has announced a significant shift in its…