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Ethiopia , Thursday 16 July 2026

Dollar Squeeze, Accelerating Inflation Pummel Ethiopian Currency

Published on: Thursday 09 June 2022

Dollar Squeeze, Accelerating Inflation Pummel Ethiopian Currency Surging inflation and a shortage of hard currency in Ethiopia are driving up the price of US dollars on the black market and spurring increased use of cryptocurrencies. The birr traded at 82 per ...



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