Ethiopia says talk of birr devaluation ‘completely unfounded’
Published on: Thursday 19 January 2023
Ethiopia operates a managed exchange rate for the birr, allowing it to depreciate gradually against the dollar. In 2020, the IMF recommended moving to a market-determined exchange rate to deal ...
News source: https://www.aljazeera.com/economy/2023/1/19/ethiopia-deputy-financemin-rumour-of-fx-devaluation-unfounded
