The Battle Between Ethiopia’s Official and Black Markets: What Will the New Exchange Rate System Achieve?
The National Bank of Ethiopia's recent shift to a market-based foreign exchange rate system has intensified eagerness over the effectiveness of this reform in...
Ethiopian Airlines Honoured with Prestigious President’s Lifetime Achievement Award as it Celebrates 25 Years of Services to the US
Addis Ababa, August 8, 2024Ethiopian Airlines, the leading aviation group in Africa and a rapidly expanding global airline brand, has been distinguished with the...
Ethiopian Airlines Adopts CBE Exchange Rates for Its Dollar-Based Ticket Pricing
Ethiopian Airlines Announces Dollar-Based International Ticket PricingEthiopian Airlines has announced that the ticket prices for international flights transacted in dollars will be determined by...
Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform
In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....
Ethiopia Keeps Fuel Prices Steady in August Despite Currency Floating
Addis Ababa, July 30, 2016 - The Ministry of Trade and Regional Cooperation has announced that the retail sale of petroleum products in August...
Dodai’s Bold Response to 88% Birr Devaluation: Maintaining Prices and Launching Promotions”
In a dramatic shift in Ethiopia's economic landscape, the country floated its currency just a week ago, resulting in the birr losing over 88%...
