- $455mn allocated; $44.7mn left unsold
- Central bank injects $570m since February
ADDIS ABABA, ETHIOPIA — Ethiopia’s central bank allocated $455.29 million to 30 commercial banks in its second $500 million special foreign exchange auction, leaving $44.71 million unsold as demand eased.
The marginal exchange rate was set at 152.0079 birr per dollar, with a weighted average rate of 153.2503 birr. The highest accepted bid reached 154 birr per dollar.
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