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News - Financial

NBE schedules $140m foreign-exchange auction for November 10

Nov 10, 2026
NBE schedules $140m foreign-exchange auction for November 10

Key takeaways

  • $140 million — NBE scheduled its 32nd foreign-exchange auction for November 10, Ethiopian Business Review reports.
  • Commercial banks submit bids through the CSD system between 10:00am and noon.
  • Results are scheduled for 3:00pm, with settlement at the end of the same day.

Why it matters

  • This is the third of six auctions under the $840 million second-quarter programme.
  • The October 27 round drew $150.83 million in bids against $140 million offered.
  • Analysis: the new result will indicate bank demand and pricing; the announcement does not establish allocations.

What to watch

  • Published results, successful-bank allocations and the clearing exchange rate.

Source: Ethiopian Business Review, reporting NBE’s auction notice | 9 November 2026 |  Original report

Image: AI-generated editorial illustration.