National Bank of Ethiopia’s 17th FX auction cleared at 155. 05 birr per USD. NBE allotted USD 70 million to banks from total bids …

National Bank of Ethiopia announced a $70 million foreign exchange auction on Tuesday, February 3. Auction follows an oversubscribed previous FX sale. Commercial banks …

The National Bank of Ethiopia (NBE) enacted targeted measures in response to a recent surge in the parallel foreign exchange market, which saw the …

The National Bank of Ethiopia (NBE) plans to exit the gold purchasing and export market by December 2026, ending its monopoly and opening the …

Interbank FX market opened: Ethiopia’s central bank has launched a competitive interbank foreign exchange market with real-time pricing. Market pricing: Banks conduct FX trades …

Auction size: National Bank of Ethiopia sold USD 500 million in its largest single foreign exchange auction to date. Exchange rates: Weighted average clearing …

Key points from NBE Directive No. SBB/99/2026 (“Requirements for Licensing a Bank Branch to Operate in Special Economic Zones”): Effective January 6, 2026, banks …