roadrunner Posted July 29, 2024 Share Posted July 29, 2024 Ethiopia’s birr plunged 30% against the dollar after the central bank floated the currency as part of reforms aimed at correcting foreign exchange market distortions. The bank also eliminated foreign exchange surrender requirements and lifted restrictions on certain imports. In return, Ethiopia, which is seeking BRICS membership, is expected to receive a $10.7 billion loan […]View the full article Quote Link to comment https://slingbank.com/forums/topic/25219-ethiopia%E2%80%99s-birr-falls-30-after-currency-float-forex-surrender-requirements-scrapped/ Share on other sites More sharing options...
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