 has announced the sixth bi-weekly foreign exchange auction. $50 million available. Read more.){kind=link}
Getahun Tsegaye
Staff Reporter
Addis Ababa, Ethiopia — The National Bank of Ethiopia (NBE) has announced the sixth bi-weekly foreign exchange auction, set to take place on Thursday, May 22, 2025. The auction, aimed at supporting the country’s price and external stability goals, will offer $50 million in foreign currency to participating banks.
In a statement issued, the central bank said it is committed to conducting regular FX auctions as part of its broader monetary policy strategy.
Interested financial institutions are invited to submit their bids via email to fxauction@nbe.gov.et during the submission window from 10:00 AM to 12:00 NOON on the auction day. The results of the bidding process will be announced at 3:00 PM, with settlement expected by the end of the same day.
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