Ethiopia has a managed exchange rate for the birr, whose official value to the dollar is half the black market rate.

Ethiopia has a managed exchange rate for the birr, whose official value to the dollar is half the black market rate.
The disarmament is a key part of the peace deal signed two months ago between the government and the rebel group.
Withdrawal reported as federal and Tigray regional governments finalise a plan on how to disarm the rebels.
Under the implementation deal, humanitarian aid is to be allowed into Tigray, where rebels are expected to be disarmed.
Ethiopia’s Tigray still awaiting aid, agencies say, as US urges immediate help.
AU chief mediator Olusegun Obasanjo made the revelation as both parties meet in Kenya to discuss implementing the truce.
Ahead of the second anniversary of the start of Ethiopia’s civil war, there are concerns about the latest peace deal.
Ethiopian government and Tigrayan rebels sign agreement to end two-year conflict.
Tedros says food and health care being used as weapons in his home region in northern Ethiopia.
The African Union invited the rival parties to negotiations in South Africa aimed at ending a two-year conflict.
UN commission says it has found evidence of widespread violations by all sides since fighting erupted in 2020.
Twin drone attacks hit residential neighbourhood of Midre Genet in regional Tigray capital of Mekelle.
The Ethiopian government and Tigrayan rebels blame each other for restarting the war which was ignited in November 2020.
The fighting marks the end of a ceasefire observed since March and could worsen the humanitarian crisis in Tigray region