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News - Financial

CBE has increased its official dollar buying rate by 7 birr—from 124.0086 to 131 birr—in under a week.

May 28, 2025
CBE has increased its official dollar buying rate by 7 birr—from 124.0086 to 131 birr—in under a week.
  • CBE is now offering an additional 10 birr bonus per dollar on all remittance earnings
  • This effectively brings the total payout to 141 birr per dollar, making CBE the most competitive official option in today’s forex market.
  • Private exchange shops like Ethiopia Forex are offering up to 149 birr, while the black market rate has surged to around 157 birr