Ethiopia Spent $1.35 Billion Defending Currency Even Before War
Ethiopia is set to keep supporting its currency, having already spent $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank...
By Ray Ndlovu, Fasika Tadesse · Bloomberg Markets
Ethiopia is set to keep supporting its currency, having already spent $1.35 billion buying birr this year, an amount that equates to roughly a quarter of its known central bank reserves.