Ethiopia: Why $625m within nine days cannot close the dollar gap
Ethiopia: Why $625m within nine days cannot close the dollar gap
The central bank quadrupled its dollar supply and mopped up roughly $625m worth of local currency from the banking system in just over a week. However, demand for hard currency still outran the supply of every dollar on offer.
The central bank quadrupled its dollar supply and mopped up roughly $625m worth of local currency from the banking system in just over a week. However, demand for hard currency still outran the supply of every dollar on offer.