Central bank to hold the 4th bi-weekly FX auction tomorrow

Addis Ababa, April 16, 2025 (FMC) – The National Bank of Ethiopia, in line with its recent commitment to conduct a regular series of bi-weekly foreign exchange auctions and consistent with its price and external stability objectives, announced today that the next foreign exchange auction will be held tomorrow, Thursday, April 17, 2025.

In a notice published on its social media page today, NBE invited interested banks to submit their bids in line with the guidance specified below.

Amount of FX Auction = $70 million

FX Auction Date = Thursday, April 17, 2025

Email Submission = fxauction@nbe.gov.et

Bid Submission Period = 10:00 AM to 12:00 NOON

Bid Results Announcement = 4:00 PM

Settlement = End of day April 17, 2025

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