Ethiopia’s NBE Governor Dr. Eyob Tekalign says FX reserves have risen 20 fold since reforms, with US$2.3 billion supplied through FX auctions this year. The FX premium has also narrowed significantly.

Ethiopia’s NBE Governor Dr. Eyob Tekalign says FX reserves have risen 20 fold since reforms, with US$2.3 billion supplied through FX auctions this year. The FX premium has also narrowed significantly.