(Bloomberg) -- Trading in Ethiopia’s currency has almost evaporated in the parallel market, with residents hoarding dollars on expectations that the birr will weaken further after the government ...

As Ethiopia liberalises its foreign exchange regime, Visa is leveraging digital infrastructure and bank partnerships to shift billions in remittances and cross-border spending into formal, transparent ...

The value of the Ethiopian birr fell on Monday - Copyright AFP Yasuyoshi CHIBA The value of the Ethiopian birr fell on Monday - Copyright AFP Yasuyoshi CHIBA Ethiopia ...

Ethiopia has qualified for disbursement of $261 million in financing from the International Monetary Fund (IMF) to meet its fiscal and balance of payments needs, under a four-year $3.4 billion ...

Ethiopia’s National Bank has deployed a record-breaking $500m foreign-exchange auction in a high-stakes attempt to stabilise the birr and challenge the dominance of the parallel market.

Ethiopia eases strict forex controls to attract investment, boost reserves, and reopen doors ...

Ethiopia's central bank said on Wednesday it will allow investors ⁠to repatriate dividends abroad without prior ‌approval, marking the latest in a series of reforms targeting the nation's foreign ...

Cash-strapped Ethiopia eased foreign exchange curbs on Monday as part of a broad economic reform package as the International Monetary Fund approved a loan to the Horn of Africa nation seeking a ...