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Foreign currencies: NBE announces the results of the special auction held on Tuesday

28/02/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The National Bank of Ethiopia (NBE) has released the results of the special foreign currency auction held on February 25, 2025.

L'enchère special currency exchange covered an amount of 60 million USD and was open to the participation of all banks. It saw the participation of 27 banks. The weighted average rate of all successful bids was 135.6185 birr to the US dollar. The National Bank of Ethiopia welcomed the large number of participants in the auction and noted that the central bank may conduct additional currency sales if justified and in line with its goals of price stability and external stability

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