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Mar 21 , 2026.

The percentage growth of Ethiopia's foreign exchange reserves in fiscal year 2025, compared to the previous year. It was extraordinary by any standard, especially in low-income economies under external pressure. Driven primarily by the rapid formalisation of foreign-exchange flows after policy liberalisation, rather than by commodity prices or new borrowing, it was an outcome of a dramatic rechanneling of flows into the official system.


PUBLISHED ON Mar 21,2026 [ VOL 26 , NO 1351]

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