By late Friday, the market’s centre of gravity was clear. Most banks clustered two Birr below the 133.82 Br reference, while two outliers marked opposite poles. #ForexMarket #CurrencyCrisis #NationalBankOfEthiopia #RateFluctuations
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The week’s internal pattern said as much as the headline numbers. The Commercial Bank’s midweek surge accounted for a +2.34pc advance on May 28 alone; after that, its quotes remained frozen. #ForexMarket #CurrencyCrisis #NationalBankOfEthiopia #RateFluctuations
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The foreign exchange market spent the final week of May in a wary holding pattern, wrestling with liquidity strain yet stopping short of outright turbulence. #ForexMarket #CurrencyCrisis #ExchangeRatePolicy #RateFluctuations
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