News - Financial
• $200 million will be offered through two foreign exchange auctions in June.• National Bank of Ethiopia scheduled $100 million auctions for June 9 …
May 28, 2026
Tag: FX
Latest articles tagged "FX"
News - Financial
Key Takeaways:• $1. 06bn in bank bids exceeded NBE’s $500mn FX supply by more than twofold.• National Bank of Ethiopia held a special foreign …
May 20, 2026
Regulations - Financial
National Bank of Ethiopia to launch interdealer FX trading platform in 2026. Current export FX surrender requirement stands at 70%. Exporters retain 30% under …
Mar 02, 2026
Import/Export
Ethiopia generated $288 million from horticulture exports. Export revenue covers flowers, fruits, and vegetables. Earnings recorded during the current fiscal reporting period. Sector contributes …
Feb 28, 2026
News - Financial
National Bank of Ethiopia allocated $455. 29 million in second $500 million special FX auction. Weighted average selling rate settled at 155. 17 Birr …
Feb 27, 2026
News - Financial
NBE FX Auction No. 18 cleared at 155. 12 ETB per USD on latest auction date. National Bank of Ethiopia offered USD 70 million …
Feb 17, 2026
Electric
National Bank of Ethiopia to conduct USD 70 million FX auction on February 17. Bids accepted from commercial banks between 10:00 AM and 12:00 …
Feb 17, 2026
Regulations - Financial
Here are the key changes:NBE allows banks to apply forward exchange rates alongside spot rates for FX transactionsService exporters may retain 100% of export …
Feb 11, 2026
News - Financial
Ethiopia’s banking sector posted a combined profit of 91. 06 billion birr in the first half of the fiscal year. Profits followed currency liberalisation …
Feb 10, 2026
News - Financial
National Bank of Ethiopia plans to allow unlimited deposits of legally earned foreign currency in commercial banks. Policy targets individuals and entities earning foreign …
Feb 03, 2026
News - Financial
National Bank of Ethiopia’s 17th FX auction cleared at 155. 05 birr per USD. NBE allotted USD 70 million to banks from total bids …
Feb 03, 2026
Import/Export
Ethiopia recorded $5. 1 billion in merchandise export revenue in H1 of FY 2025/26, achieving 120% of target. Service exports earned $4. 5 billion …
Feb 03, 2026
News - Financial
The IMF Fourth Review confirms that Ethiopia’s FX and trade reforms are materially changing how the economy engages with global markets. The shift to …
Feb 03, 2026
News - Financial
National Bank of Ethiopia announced a $70 million foreign exchange auction on Tuesday, February 3. Auction follows an oversubscribed previous FX sale. Commercial banks …
Feb 02, 2026
News - Financial
The National Bank of Ethiopia (NBE) enacted targeted measures in response to a recent surge in the parallel foreign exchange market, which saw the …
Feb 01, 2026