US EditionNBE’s 4th Foreign Exchange Auction sets rate at 31.4961 per USD – Ethiopian Monitor
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NBE’s 4th Foreign Exchange Auction sets rate at 31.4961 per USD – Ethiopian Monitor
The National Bank of Ethiopia’s latest foreign exchange auction has concluded, attracting 26 successful bids with a weighted average rate of 31.4961 Birr against US dollar. The Central conducted the fourth FX auction since August 2024 on Thursday morning, putting $70 million on offer for participating commercial banks. The weighted average rate of all successful bids was 131.4961 per US Dollar, said the Central bank in a statement announcing the…
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