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Category National Bank of Ethiopia

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

US Dollar Shortages: Ethiopia and Nigeria in $100 Million Currency Swap Transaction

According to a report, the central banks of Ethiopia and Nigeria recently consummated a $100 million currency swap transaction. Under the arrangeme...
Ethiopia Joins Egypt in Seeking BRICS Membership

Ethiopia Joins Egypt in Seeking BRICS Membership

Ethiopia has joined Egypt and Algeria in applying to become a member of Brazil, Russia, India, China and South Africa (BRICS) economic bloc. Accord...