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The prices on the menu have been erased at a small hotel in a suburb of Ethiopia's capital ... advantage of the floating of the birr to hike prices. The new exchange rate policy was a historic ...
Ethiopia is struggling to harmonise exchange rates nearly a year after floating the birr, while Kenya boosts its forex ...
Among the objectives of floating the exchange rate is to attract foreign investment ... To sustain the availability of hard currency in the market the National Bank of Ethiopia supplies currency ...
and it shows that the indexation of part of the nominal money supply to the exchange rate, as a result of the presence of foreign currency deposits, will increase the inflationary effects of monetary ...
implementation of the macro-economic reform policy and free-floating exchange rate systems have enabled significant changes, he pointed out. Although Ethiopia's potential is much greater than this ...
Following the collapse of the Smithsonian exchange rate system, IMF members met in Jamaica to agree on a new international monetary framework. The Jamaica Agreement abolished gold as a reserve asset ...