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Home › Finance › Ethiopia Dollar Sales Over $2 Billion…
Finance

Ethiopia Dollar Sales Over $2 Billion as Parallel Market Rate Surges

Bloomberg Jun 16, 2026 1h ago ⏱ 1 min read 👁 3 views
Ethiopia Dollar Sales Over $2 Billion as Parallel Market Rate Surges
Image via Bloomberg
📋 Article Summary
50 words
Ethiopia’s latest special auction has pushed dollar sales this year above the $2 billion mark, as authorities step up efforts to support the birr and narrow the gap between official and parallel-market exchange rates. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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