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Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day

Rio Times

BusinessRio Times·Aug 20, 2026·1 min read

Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in One Day

The National Bank of Ethiopia called an unscheduled US$500 million sale for 20 August, matching its entire planned allocation for the quarter in a single day. The post Ethiopia Birr Hits Record Low as Central Bank Sells US$500 Million in…

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