US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction
According to a report, the central banks of Ethiopia and Nigeria just lately consummated a $100 million foreign money swap transaction. Under the association, an...
Ethiopia Joins Egypt in Seeking BRICS Membership
Ethiopia has joined Egypt and Algeria in making use of to turn out to be a member of Brazil, Russia, India, China and South Africa...
Report: Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record
The Ethiopian birr foreign money’s parallel trade charge towards the U.S. greenback not too long ago dropped to a low of 92 birrs per greenback,...
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions
According to the National Bank of Ethiopia’s directive, which grew to become efficient on September 5, individuals coming into and departing the nation in possession...
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
Cryptocurrency service suppliers working in Ethiopia are actually required to register with the nation’s cybersecurity company often known as the Information Network Security Administration (INSA),...
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions
The National Bank of Ethiopia (NBE) has mentioned it doesn’t acknowledge cryptocurrencies as a authentic technique of cost and that residents should keep away from...