The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia’s (NBE) foreign exchange auction held on June 5, 2025. #ExchangeRateUpdate #ForexAuction #BirrDevaluation
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The CBE's rate changes might seem incremental, but they have injected momentum into a segment tightly regulated by the Central Bank. #ForexMarket #ExchangeRateUpdate #MonetaryPolicy #CurrencyWatch
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As the CBE edged its rates upward, it met private banks such as Oromia Bank with its highest quote at 134.44 Br for a dollar and even higher selling rates. #ForexMarket #ExchangeRateUpdate #MonetaryPolicy #CurrencyWatch
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The CBE's decision to increase its forex offerings last week marked a notable change, which had experienced a prolonged period of static pricing since December. #ForexMarket #ExchangeRateUpdate #MonetaryPolicy #CurrencyWatch
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