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Central Bank Postpones FX Auction Amid Technical Issues | Collector
The Reporter

Central Bank Postpones FX Auction Amid Technical Issues

The National Bank of Ethiopia (NBE) has postponed its latest foreign-exchange auction, citing “unforeseen technical issues.” The central bank had announced on May 27 that it would conduct two foreign-exchange auctions of USD 100 million each during the fourth quarter of the fiscal year. The amount marked a sharp reduction from the previous auction, in […]

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