Regulatory Alerts2025-12-30
Special Foreign Exchange Auction Guidelines
The National Bank of Ethiopia issues these guidelines to regulate foreign exchange auctions conducted with authorized banks for targeted market intervention. The framework mandates USD and ETB-denominated multi-rate bidding, requires authorized personnel to submit complete bids within a 30-minute window, and establishes T+2 settlement for all successful transactions. Non-compliant banks face suspension from the subsequent two auctions, while results and allotments are published promptly via the NBE web portal.
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