1. Home
  2. Africa
  3. Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
Africa
bitcoin.com
Devaluation
Ethiopia birr
Foreign exchange
International Monetary Fund (IMF)
News
World Bank
0

Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

0
Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims
now viewing

Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum
now playing

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch
now playing

Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch

Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY
now playing

Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY

USDC and CCTP To Launch on Aptos, With Stripe Adding Aptos Support in Crypto Products
now playing

USDC and CCTP To Launch on Aptos, With Stripe Adding Aptos Support in Crypto Products

Cosmos co-founder proposes peer-to-peer clearing system in white paper
now playing

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Ike Goes Live on Mainnet – Unlocking Liquid Staking on Aleph Zero
now playing

Ike Goes Live on Mainnet – Unlocking Liquid Staking on Aleph Zero

Trump Media files trademark application for a crypto payment service called TruthFi
now playing

Trump Media files trademark application for a crypto payment service called TruthFi

Coinshift Launches csUSDL, Announces Strategic Partnerships
now playing

Coinshift Launches csUSDL, Announces Strategic Partnerships

Bybit and Block Scholes Report Hail Donald Trump as America’s Crypto President
now playing

Bybit and Block Scholes Report Hail Donald Trump as America’s Crypto President

MicroStrategy’s Michael Saylor Says He Plans To Pitch Bitcoin Strategy to Microsoft CEO
now playing

MicroStrategy’s Michael Saylor Says He Plans To Pitch Bitcoin Strategy to Microsoft CEO

Source: Bitcoin.com

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision to float the birr and insisted that this move does not amount to the devaluation of the currency. Ahmed stated that the intention is to unify the official and parallel market exchange rates. Reports suggest that Ethiopia’s decision to float the birr was promptly rewarded […]

Go to Source
Author: Terence Zimwara

Related posts:

  1. Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped
  2. Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
  3. Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS
  4. Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
Bitcoin.com
Related Posts
Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

The Daily Hodl 0
Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch

Bitcoin Just a Step Away From a Major Bullish Milestone, Says Glassnode Co-Founders – But There’s a Catch

The Daily Hodl 0
Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY

Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY

Bitcoin.com 0
WordPress Theme by cactus.com
Close

Share this video