However, legalisation might presuppose adopting a floating exchange rate, which can work best with a system that maintains a sustainable source of foreign currency, according to an expert who ...

The federal government has recently tabled its budget proposal for the 2025/26 fiscal year to the House of Peoples' Representatives for approval. Totaling a record 1.93 trillion birr in expenditures, ...

Nigeria’s fragile economy could face renewed strain if the United States President, Donald Trump, implements his latest ...

The National Bank of Ethiopia (NBE) was urged to continue strengthening its tight monetary policy aimed at controlling ...

Despite initial worries that greater exchange rate flexibility would trigger a temporary slump in the local currency, the market responded positively ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

Bangladesh’s shift to a market-based currency exchange system marks an effective transformation of the country’s macroeconomic policy approach.

How fixed are global exchange rates? From bankunderground.co.uk While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards floating exchange ...