Ethiopian birr hits record low, deepening currency crisis for businesses


One year after the government agreed to float the currency as part of a $3.4 billion deal with the International Monetary Fund, the gap between the official and black-market rates is wider than ever.


https://techcabal.com/2025/08/06/ethiopian-birr-past-170-blackmarket-fx-reforms/' target='_blank'>Read Full Story

Ethiopian birr hits record low, deepening currency crisis for businesses

One year after the government agreed to float the currency as part of a $3.4 billion deal with the International Monetary Fund, the gap between the official and black-market rates is wider than ever.

Read Full Story

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