September 29, 2025
Ethiopia: Tight Grip, Loose Market: Ethiopia's Forex Reform Paradox
It has now been over a year since Ethiopia formally transitioned from a crawling peg exchange rate system--in place for more than three decades--to a market-based foreign currency… Read more »
September 20, 2025
Ethiopia: Authorities Freeze Bank Accounts of 123 Suspects Over 'Illicit Foreign Currency' Activities
The Financial Intelligence Service (FIS) has announced the freezing of bank accounts belonging to 123 individuals suspected of engaging in illicit foreign currency activities. Read more »