Ethiopia’s $32 billion forex boom fuels reform hopes

• Ethiopia’s central bank says sweeping reforms cut inflation to 13.9% and boosted forex inflows by 33%
• Analysts urge focus on broader indicators like GDP and employment as the country opens its banking sector

ADDIS ABABA, ETHIOPIA - Ethiopia’s central bank says the country is seeing early signs of economic transformation, a year after launching sweeping monetary and financial sector reforms . . .