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 ...

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 ...

In February of this year, the BB governor said the central bank was not moving away from the crawling peg mechanism to a free-floating exchange rate regime to "avoid any speculative role" by ...

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 ...