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News - Financial

National Bank of Ethiopia’s (NBE) reference rate crossed 150 Br to the dollar

Oct 27, 2025

The Central Bank posted a bold buying rate of 152.576 Br on October 23, almost 8.3 Br higher than ZamZam Bank’s 142.65 Br low.
On paper, a uniform two percent spread governs the market. In practice, a wide corridor, from 142.65 to 152.58 on the buy side, and from 145.51 to 153.81 Br on the sell side, betrays different appetites for risk and liquidity.
Despite the range, averages remained stable at about 147.8 Br for buying and 150.7 Br for selling
Without a fresh infusion of dollars, the rate could drift to 153 Br and 155 Br in the coming months