Ethiopian Banks Align Forex Rates, CBE Contributes 36.87 Billion Birr in Tax

Nineteen Ethiopian banks have converged their foreign exchange buying rates, while the Commercial Bank of Ethiopia contributed 36.87 billion Birr in annual tax revenue.

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First report 1d ago•Last update 1d ago

Ethiopian Banks Align Forex Rates, CBE Contributes 36.87 Billion Birr in Tax

Nineteen Ethiopian banks have converged their foreign exchange buying rates, while the Commercial Bank of Ethiopia contributed 36.87 billion Birr in annual tax revenue.

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