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Rwandan franc, Ethiopian birr, Ghanaian cedi. Rwandan election ahead. The Rwandan franc has crashed hard in the past decades even as the country has made a lot of progress and remained in peace.
According to Project Mano, hodling Bitcoin could also be used as a hedge against the inflation rate of the Ethiopian birr, and it noted that the only way it sees Ethiopia increasing the nation's ...
Ethiopia's central bank floated the birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and enable progress on a long-delayed debt restructuring.
A man counts Ethiopia's birr notes in Merkato, one of Africa's biggest open air market, in Addis Ababa, Ethiopia, April 25, 2024. REUTERS/Tiksa Negeri/ File Photo Purchase Licensing Rights ...
Safaricom Plc is weighing the option of renegotiating its lease agreements – mainly those priced in foreign currencies – with key infrastructure owners in Ethiopia should the birr depreciation against ...
The birr's value against the U.S. dollar slumped by 30% to 74.73 per dollar, the country's biggest lender, Commercial Bank of Ethiopia said.