Interbank Trading Doubles as Short-Term Borrowing Rates Jump
Banks traded 57.7 billion birr through Ethiopia’s interbank money market between August 17 and August 21, 2026, more than twice the preceding week’s volume, as short-term borrowing rates climbed above 15 percent. Data published by the Ethiopian Securities Exchange show that banks completed 59 overnight and seven-day transactions during the August 17–21...