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    Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’

    • Post author:MiamiCrypto
    • Post published:October 19, 2022
    • Post category:Africa/birr depreciation/Black market exchange rate/Ethiopia birr/Ethiopia Tigray conflict/Foreign exchange/Melaku Alebel Addis

    The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying…

    Continue ReadingEthiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
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