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Electric

NBE to Hold USD 70 Million FX Auction on February 17 Under Bi-Weekly Reform Program

Feb 17, 2026

#FX, #NBE

NBE to Hold USD 70 Million FX Auction on February 17 Under Bi-Weekly Reform Program

National Bank of Ethiopia to conduct USD 70 million FX auction on February 17.
Bids accepted from commercial banks between 10:00 AM and 12:00 noon.
Results announced at 3:00 PM; settlement scheduled end of trading day.
Notice issued in Addis Ababa on February 16.
Auction part of standing bi-weekly foreign exchange programme.
Policy aligns with macroeconomic reforms launched in 2024.

Why it matters?
The USD 70 million auction continues NBE’s bi-weekly FX allocation mechanism. The programme supports market-based currency pricing and liquidity management under ongoing macroeconomic reforms.

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