• WORLD
    • Middle East
    • Africa
    • Indian Sub-continent
    • China and Asia Pacific
    • UK and Europe
    • Americas
    • Russia
  • ECONOMY
    • Global
    • GCC
    • Africa
    • Levant
    • North Africa
  • ISLAMIC ECONOMY
    • Islamic Finance
    • Islamic Business
    • Islamic Finance Reports
    • Islamic Finance Glossary
  • BUSINESS
    • Aviation
    • Banking & Insurance
    • Careers
    • Education
    • Energy
    • Fintech
    • Healthcare
    • Hospitality
    • Manufacturing
    • Real Estate
    • Retail & Consumer
    • Technology and Telecom
    • Transport and Logistics
    • Travel and Tourism
  • SMEs
    • Finance
    • Marketing
    • Technology
    • Legal
    • People
  • MARKETS
    • Commodities
    • Currencies
    • Equities
    • Fixed Income
  • WEALTH
    • Alternative Investments
    • Funds
    • Wealth Management
    • Sustainability
  • LEGAL
    • Crime and Security
    • Immigration
    • Policy
    • Regulations
  • LIFE
    • Culture
    • Entertainment
    • Food
    • Health
    • Leisure & Travel
    • Sports
  • OPINION
    • Business Insights
  • PROJECTS
    • BRI
    • Construction
    • Industry
    • Mining
    • Oil & Gas
    • Utilities
  • PRESS RELEASE 
    • Companies News
    • Government News
    • People in the News
    • Research & Studies
    • Events and Conferences
    • Africa Press Releases
  • MULTIMEDIA
    • Galleries
    • Videos
  • WORLD CUP 2022
    • Home
    • News
    • Matches
    • Groups and Results
    • Statistics
    Social media
    • MENA - ENGLISH
    • UAE - ENGLISH
    • KSA - ENGLISH
    • الشرْقُ الأوسَط
    • الإمارات
    • السعودية
    • WORLD
      • Middle East
      • Africa
      • Indian Sub-continent
      • China and Asia Pacific
      • UK and Europe
      • Americas
      • Russia
    • BUSINESS
      • Banking & Insurance
      • Careers
      • Education
      • Energy
      • Fintech
      • Manufacturing
      • Real Estate
      • Travel and Tourism
    • MARKETS
      • Commodities
      • Currencies
      • Equities
      • Fixed Income
    • ECONOMY
      • Global
      • GCC
      • Africa
      • Levant
      • North Africa
    • WEALTH
      • Alternative Investments
      • Funds
      • Wealth Management
      • Sustainability
    • PROJECTS
      • BRI
      • Construction
      • Industry
      • Mining
      • Oil & Gas
      • Utilities
    • OPINION
      • Business Insights
    • LIFE
      • Culture
      • Entertainment
      • Food
      • Health
      • Leisure & Travel
      • Sports
    • MULTIMEDIA
      • Galleries
      • Videos
    • PRESS RELEASE 
      • Companies News
      • Government News
      • People in the News
      • Research & Studies
      • Events and Conferences
      • Africa Press Releases
    • ZAWYA GREEN
    • Special Coverage
    • Hala Ramadan 2023
    • Focus: Global Wealth Funds
    • Russia-Ukraine Crisis
    • The Future of Cryptos
    • UAE Realty Market
    • WORLD
      • Middle East
      • Africa
      • Indian Sub-continent
      • China and Asia Pacific
      • UK and Europe
      • Americas
      • Russia
    • ECONOMY
      • Global
      • GCC
      • Africa
      • Levant
      • North Africa
    • ISLAMIC ECONOMY
      • Islamic Finance
      • Islamic Business
      • Islamic Finance Reports
      • Islamic Finance Glossary
    • WORLD CUP 2022
      • Home
      • News
      • Matches
      • Groups and Results
      • Statistics
    • BUSINESS
      • Aviation
      • Banking & Insurance
      • Careers
      • Education
      • Energy
      • Fintech
      • Healthcare
      • Hospitality
      • Manufacturing
      • Real Estate
      • Retail & Consumer
      • Technology and Telecom
      • Transport and Logistics
      • Travel and Tourism
    • SMEs
      • Finance
      • Marketing
      • Technology
      • Legal
      • People
    • MARKETS
      • Commodities
      • Currencies
      • Equities
      • Fixed Income
    • WEALTH
      • Alternative Investments
      • Funds
      • Wealth Management
      • Sustainability
    • OPINION
      • Business Insights
    • LEGAL
      • Crime and Security
      • Immigration
      • Policy
      • Regulations
    • LIFE
      • Culture
      • Entertainment
      • Food
      • Health
      • Leisure & Travel
      • Sports
    • PROJECTS
      • BRI
      • Construction
      • Industry
      • Mining
      • Oil & Gas
      • Utilities
    • PRESS RELEASE 
      • Companies News
      • Government News
      • People in the News
      • Research & Studies
      • Events and Conferences
      • Africa Press Releases
    • MULTIMEDIA
      • Galleries
      • Videos
    Social media
      Home page>ECONOMY>Africa>Ethiopia deputy finmin: ...
      ECONOMY

      Ethiopia deputy finmin: rumour of FX devaluation "completely unfounded"

      Reuters Images
      Reuters Images
      Reuters Images

      The birr currently trades at 53.42 to the U.S. dollar, according to Refinitiv Eikon data, but it is worth 96-97 on the black market according to a Reuters reporter and the country has long experienced foreign exchange shortages 

      Rachel Savage, Reuters News
      January 19, 2023
      ETHIOPIAAFRICAFOREXCURRENCIESECONOMY
      PHOTO

      Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

      DISCOVER MORE

      INTEREST RATE

      Ghana raises main lending rate to 29.5%

      Ghana raises main lending rate to 29.5%
      Ghana raises main lending rate to 29.5%
      ELECTRIC VEHICLE

      What role do EVs have in SA's energy transition?

      What role do EVs have in SA's energy transition?
      What role do EVs have in SA's energy transition?
      RENEWABLE ENERGY

      How solar PV systems can boost residential property value in South Africa

      How solar PV systems can boost residential property value in South Africa
      How solar PV systems can boost residential property value in South Africa
      DEBT

      Ghana's power producers urge government to pay $1.4bln debt

      Ghana's power producers urge government to pay $1.4bln debt
      Ghana's power producers urge government to pay $1.4bln debt
      TRADE

      Dar to benefit from import cargo redirected from Mombasa

      Dar to benefit from import cargo redirected from Mombasa
      Dar to benefit from import cargo redirected from Mombasa
      M&A

      Access Corporation subsidiary to merge with ABC Zambia

      Access Corporation subsidiary to merge with ABC Zambia
      Access Corporation subsidiary to merge with ABC Zambia
      CYBERSECURITY

      How South African businesses can start the financial year digitally secure

      How South African businesses can start the financial year digitally secure
      How South African businesses can start the financial year digitally secure
      POLITICS

      Kenyan opposition leader Odinga says protests on despite police ban

      Kenyan opposition leader Odinga says protests on despite police ban
      Kenyan opposition leader Odinga says protests on despite police ban
      MOST READ
      1.

      Egypt's central bank likely to hike interest rates by 3% - HSBC

      2.

      UAE exchange firm Al Ansari raises $210mln in IPO

      3.

      Saudi National Bank's chairman resigns; Al Ghamdi takes over

      4.

      Will gold face more downside or upside after Fed's rate hike?

      5.

      Banking turmoil: Fitch Solutions revise 2023 gold price forecast to $1,950 an ounce

      RELATED ARTICLES
      1

      Ghana's finance ministry: expects financing assurances 'very soon' amid China visit

      2

      As economy worsens, Lebanese juggle dizzying rates for devalued pound

      3

      Central African summit mulls economic outlook, Ukraine

      4

      IMF sees Senegal 2023 growth lower than expected, lowers 2022 GDP estimate

      5

      Uganda earns $600mln annually from migrant workers in Middle East

      LATEST VIDEO

      EQUITIES

      VIDEO: LSE-listing will facilitate more funding opportunities for us, Dar Global CEO

      VIDEO: LSE-listing will facilitate more funding opportunities for us, Dar Global CEO
      VIDEO: LSE-listing will facilitate more funding opportunities for us, Dar Global CEO

      ZAWYA NEWSLETTERS

      Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox.

      Subscribe to our newsletters:

      DAILYWEEKLYGREEN

      ZAWYA COVERAGE

      OIL

      Near-term oil prices volatile; outlook still positive – UBS

      Near-term oil prices volatile; outlook still positive – UBS
      Near-term oil prices volatile; outlook still positive – UBS
      PETROCHEMICALS

      Aramco to acquire 10% stake in China-listed Rongsheng Petrohemical

      FINANCIAL SERVICES

      Saudi banks likely to remain profitable in 2023 – A&M

      AVIATION

      Kenya, South Africa airlines to finalise partnership strategy in 2024 to boost growth

      LATEST NEWS
      1

      Copper edges lower as banking troubles raise demand fears

      2

      EU banking regulator warns sector still at risk - Handelsblatt

      3

      'Operation Gallant Knight 2': 50 days of giving to rescue Syria earthquake victims

      4

      RAKTA signs partnership agreement with DTC

      5

      Gulf institutions may find ripe pickings with distressed financial assets in the West

      THE BRI REPORT

      CONSTRUCTION

      China is reshaping the Belt and Road Initiative ahead of a post-pandemic era

      China is reshaping the Belt and Road Initiative ahead of a post-pandemic era\n
      China is reshaping the Belt and Road Initiative ahead of a post-pandemic era\n
    • ABOUT ZAWYA
    • CONTACT
    • Privacy Statement
    • Terms and Conditions
    • Do not sell my info
    • Copyright © 2023 Zawya. All Rights Reserved