- NBE has increased the import advance limit from 5,000 USD to 50,000 USD per import transaction
- NBE has improved the limit for Ethiopians who travel abroad to have 10,000 USD for personal travelers and 15,000 USD for business travelers; and these allowances can be taken by cash or by debit card
- Also, effective May 26th, 2025, all bank charges and fees related to the purchase of foreign exchange - for import of goods, service payments, or cash purchases - shall not exceed 4%.
- Also, starting in June 2025, the forex related fees of all banks will be transparently disclosed to the public on a regular basis on the NBE website
- YOU CAN DOWLOAD THE FULL FILE FROM NBE AT THE LINK BELOW
News - Financial
Today, on May 20th, NBE introduced several reform measures to improve FOREX market
