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Nalezeno "US Exchange": 14244

Ethiopia Announces Launch of Forex Auction Sale Days After Birr Float


The National Bank of Ethiopia (NBE) said it will conduct a special foreign exchange auction on Aug. 7. The Ethiopian central bank envisions similar auctions in the coming weeks, depending on market conditions. The NBE said banks keen on participating must submit their bids on the date of the sale....

Group Urges Nigeria to End Naira Float, Reinstate Subsidies


The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce subsidies in the power and energy, agriculture, and transportation sectors. In a communique, the Multidisciplinary Finance Professionals (MFP) said the Nigerian government should not determine...

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