Ethiopia Central Bank Allocates $840M for Forex Auctions
Ethiopia's central bank has allocated $840 million for foreign exchange auctions for the second quarter of the 2026/27 fiscal year. The funds will be divided into six batches with auctions held fortnightly starting on October 13.
Ethiopia's central bank said it has allocated $840 million for foreign exchange auctions in the second quarter of the 2026/27 fiscal year. The amount will be split into six batches, with auctions scheduled every two weeks from October 13, the bank said in a statement.