Birr Strengthens Slightly in Special End-of-Year Forex Auction

The Birr appreciated by 0.2 percent in the latest special End-of-Year foreign exchange auction, according to results released saturday. The National Bank of Ethiopia injected 150 million dollars for 23 commercial banks through an irregular auction not included in this year’s schedule. The weighted average rate settled at 154.47 Br to the dollar. Foreign currency […]