Mereja.Forum

[MINILIK SALSAWI]

Ethiopia’s birr faces further losses as the nation restructures its debt after a steep depreciation made it one of the world’s worst currencies this year.
The Horn of Africa nation hopes to conclude the revamp under the Group of 20 Common Framework by mid-year and has reached a memorandum of understanding with Official Creditor Committee nations to restructure $3.5 billion of loans.
Economists argue that a slower pace of inflation can reduce pressure on a country’s currency, and Ethiopia’s annual inflation cooled to 10.9% in November from 18.6% in July 2024. https://www.bloomberg.com/news/articles ... tructuring

[Digital Weyane]

የኤሚሬቶች ዲናር በጥሩ ሁኔታ ላይ እንደሚገኝ ማወቅ ማመንና ማድነቅ ብቻ ነው የምንፈልገው። ብር ለተባበሩት አረብ ኤሚሬት ሲል መስዋዕትነት ከፍሎ አልፏል። ነፍስ ይማር።

[Noble Amhara]

The birr will drop to 200birr per $1. USD.

Most diaspora are happy to hear such news kkkkkk