Ethiopian birr 3 articles

Used within Ethiopia national currency, Ethiopian birr operates under ETB currency code and is linked to National Bank of Ethiopia monetary system. Its broader monetary profile reflects Horn of Africa trade settlement and coffee export foreign exchange receipts, factors that shape how the currency interacts with trade, reserves and cross-border settlement. Addis Ababa commercial economy adds a further economic dimension, distinguishing it from regional common currencies, hard pegs or monetary systems with a different institutional structure.

Economy

Ethiopia and China agree direct currency swap to boost trade

October 7, 2026, 3:47 PM

Ethiopia has secured a currency swap agreement with China, enabling trade in Ethiopian Birr and Chinese Yuan as both countries seek to deepen economic ties and address foreign exchange shortages.

Economy

National Bank of Ethiopia sets six forex auctions for Q2

October 8, 2026, 5:22 AM

Ethiopia's central bank will put 840 million US dollars up for grabs in six foreign exchange auctions during the second quarter of the 2026/27 fiscal year.

Economy

Ethiopia launches regular dollar auctions to steady foreign exchange market

October 7, 2026, 10:32 PM

Ethiopia’s central bank is shaking up the foreign exchange market with scheduled USD 125 million auctions. Banks and businesses now get a clearer shot at hard currency.