BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF) arrangement reached…
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Ethiopia devalues its Birr 31 percent
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of…
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Ethiopia bans cash payment in property deal
The Federal Documents and Authentication and Registration Agency of Ethiopia today announced that it will no longer authenticates property deals…
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Ethiopia introduces new currency
The Government of Ethiopia has unveiled new currency notes replacing the old ones, Prime Minister Abiy Ahmed, said.
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