#USD/ETB

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…

Ethiopia Plans 21% Spending Surge, Wider Budget Gap in 2026-27

Ethiopia’s 21% spending hike for 2026-27 widens the fiscal deficit, pressuring the birr and raising risks for bondholders amid IMF program concerns.