National Bank Schedules 500 Mln US Dollar in First-Quarter FX Auctions to Support Market Liquidity
The National Bank of Ethiopia (NBE) said on Wednesday it will inject 500 mln US dollars into the foreign exchange market during the first quarter of the 2026/27 fiscal year through four bi-weekly foreign exchange auctions, continuing a key policy tool introduced after last year’s exchange rate reforms. The central bank said it had allocated...