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Ethiopia Dollar Sales Over $2 Billion as Parallel Market Rate Surges

Bloomberg

BusinessBloomberg·Jun 16, 2026·1 min read

Ethiopia Dollar Sales Over $2 Billion as Parallel Market Rate Surges

Ethiopia’s latest special auction has pushed dollar sales this year above the $2 billion mark, as authorities step up efforts to support the birr and narrow the gap between official and parallel-market exchange rates.

View original source — Bloomberg ↗

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