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Ethiopia central bank allocates $840 million for Q2 forex auctions

Original: Ethiopia central bank allocates $840 mln for forex auctions for Q2 of 2026/27 fiscal year

Ethiopia's central bank has announced an allocation of $840 million for foreign exchange auctions during the second quarter of the 2026/27 fiscal year. The move is part of the bank's ongoing efforts to manage the country's currency market and improve access to hard currency through a market-based auction system, as reported by CNBC Africa.

Why now: Ethiopia's currency reforms and forex allocation plans are of keen interest to businesses and investors tracking the country's economic liberalisation

EthiopiaNational Bank of EthiopiaCNBC Africa

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Evidence

• Ethiopia central bank allocates $840 mln for forex auctions for Q2 of 2026/27 fiscal year · CNBC Africa
• Ethiopia central bank allocates $840 mln for forex auctions for Q2 of 2026/27 fiscal year · CNBC Africa

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