#birr

Ethiopia Sells $500 Million in Latest Bid to Support Currency

Ethiopia sells $500 million to support the birr, signaling ongoing currency pressure and economic reform efforts.

Ethiopia's Birr Plunges as Central Bank Burns Dollar Reserves

Ethiopia's birr hits record low as the central bank burns through dollar reserves, signaling deeper currency pressure and rising import costs.

Ethiopia Central Bank Delivers First Rate Hike in Two Years to Curl Inflation

Ethiopia’s central bank hiked rates for the first time in two years, targeting double-digit inflation and a depreciating birr in a hawkish…

Ethiopia’s Dollar Sales Top $2 Billion as Birr Parallel Rate Surges

Ethiopia's $2 billion dollar sales highlight a surging parallel market rate for the birr, as forex shortages and dollar demand pressure the…