Regulatory Alerts2001-05-09
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Directive No. FXD/18/2001 – Amendment to Directive No. FXD/07/1998
The National Bank of Ethiopia amends Article 8 of Directive No. FXD/07/1998 to require ex-post price verification for export items where verifiable international prices are available. The directive annexes a specific list of export commodities, including seeds, pulses, oil seeds, spices, cereals, hides, and cotton, for which these verifications must be conducted. The National Bank of Ethiopia reserves the right to communicate any additions or reductions to this list to commercial banks in writing. This amendment enters into force on May 09, 2001.
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