Search results
Results From The WOW.Com Content Network
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
The birr (Amharic: ብር) is the primary unit of currency in Ethiopia.It is subdivided into 100 santims.. In 1931, Emperor Haile Selassie formally requested that the international community use the name Ethiopia (as it had already been known internally for at least 1,600 years [2]) instead of the exonym Abyssinia, and the issuing Bank of Abyssinia also became the Bank of Ethiopia.
The National Election Board expected to hire 18,885 people, and requested 541,270,104.82 birr to carry out the referendum. [7] 410.1 million birr was given. [16] 5,200 election observers from Ethiopia and elsewhere were expected. [15] 3,771 polling stations were set up, divided into 31 groups. [17] These are expected to see around 3 million ...
ADDIS ABABA (Reuters) -Ethiopia's military has pushed local militiamen out of two major towns in the Amhara region, residents said on Wednesday, in its first major battlefield breakthroughs since ...
On 15 March 2024, the Commercial Bank of Ethiopia (CBE) reported having glitching issues between 12 a.m. and 3 a.m. Customers were able to withdraw large amounts of cash (more than 40 million dollars) not deposited in their accounts, and were able to make unlimited ATM withdrawals. After circulated in social media, CBE released five notes ...
Ethiopian forces engaged in fierce clashes with al Shabaab fighters near the town of Rab Dhuure in western Somalia on Sunday morning, local residents said. At around 9 a.m. (0600 GMT) local ...
NAIROBI (Reuters) -Somalia said on Thursday it was expelling Ethiopia's ambassador, closing two Ethiopian consulates and recalling its own ambassador to Addis Ababa amid a dispute over Ethiopia's ...
The nakfa (ISO 4217 code: ERN; Tigrinya: ናቕፋ naḳfa, or Arabic: ناكفا or نقفة nākfā) is the currency of Eritrea and was introduced on 15 November 1997 to replace the Ethiopian birr at par. The currency takes its name from the Eritrean town of Nakfa, site of the first major victory of the Eritrean War of Independence.