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 sells $500 million to support the birr, signaling ongoing currency pressure and economic reform efforts.
Ethiopia's birr hits record low as the central bank burns through dollar reserves, signaling deeper currency pressure and rising import costs.
Ethiopia’s election unfolds as the birr collapses to record lows, inflation surges, and security crises sap investor confidence in frontier markets.
Ethiopia’s double‑digit inflation returns as a fuel shortage cripples transport and energy costs, testing the central bank’s resolve and threatening the birr.