NEWS: Ethiopia Bondholders Move to Sue After $1bn Restructuring Talks Fail

NEWS: Ethiopia Raises $1mn Capital Threshold for Multimodal Logistics Operators

NEWS: Ethio Telecom Lists on the Ethiopian Securities Exchange

NEWS: Ethiopia’s US$880 Million Eurobond Restructuring Proposal Rejected

NEWS: Ethiopia: NBE Digitizes Franco Valuta Imports Under a Unified legal Framework

NEWS: Diaspora Bank Customers Get Temporary Fayda Exemption After Account Restrictions

NEWS: Telegram Wallet Suspends ETB Crypto Trading From June 2

NEWS: NBE Sets $200mn June FX Auctions as Birr Reform Continues

NEWS: Semera SEZ Secures Four Firms as Afar Salt Cluster Expands

NEWS: Ethiopia to Require Digital Competency Tests for All Drivers

News - Financial

CBE has increased its official dollar buying rate by 7 birr—from 124.0086 to 131 birr—in under a week.

May 28, 2025

CBE is now offering an additional 10 birr bonus per dollar on all remittance earnings
This effectively brings the total payout to 141 birr per dollar, making CBE the most competitive official option in today’s forex market.
Private exchange shops like Ethiopia Forex are offering up to 149 birr, while the black market rate has surged to around 157 birr