The Reporter Ethiopia

6/16/2026

Web, Ethiopia

Average Bid Registers at 158 Birr in Latest NBE Forex Auction

The weighted average bid from sixteen commercial banks came in at 158 Birr per US dollar in the central bank’s latest auction, which took place today after last week’s postponement. The auction was the 23rd of its kind since August 2024, when the National Bank of Ethiopia (NBE) began selling off foreign currency to commercial […]

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