National Bank of Ethiopia to Conduct 70 Million USD FX Auction Tomorrow

Addis Ababa, April 16, 2025 (ENA) --- The National Bank of Ethiopia has disclosed that it will conduct a foreign exchange auction tomorrow, Thursday, April 17, 2025, amounting to 70 million USD.

The auction is going to be held in line with its recent commitment to conduct a regular series of bi-weekly foreign exchange auctions and consistent with its price and external stability objectives.

Interested banks are invited to submit their bids in line with the guidance specified in the announcement.