A 1-year National Bank of Ethiopia (NBE's) indicative FX rate trend, USD/ETB rose from 126 on Jan 1, 2025 to 156 on March 3, 2026.
This consistent depreciation of ETB against the USD reflects the 1-year trend following the liberalization of the FX policy.
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@ACS_Stocks is built for this.
National Bank of Ethiopia Announced Major Foreign Exchnage Liberalization Measures, including:
Forward forex rates allowed for banks,
International payment cards allowed,
Abroad investment allowed and others.
Read more here: https://t.co/hxGqP4dBpa
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