Banks tighten in unison as forex rates edge toward new equilibrium

Ethiopian banks are tightening measures collectively as foreign exchange rates approach a new equilibrium. This development is reported by Addis Fortune, Ethiopia's leading English business news weekly.

According to Addis Fortune, Ethiopian banks are implementing tighter policies in a coordinated manner as foreign exchange rates gradually shift toward a new equilibrium. This report highlights a key development in the country's financial sector. No specific timelines, quotes, or additional details such as exact measures or involved institutions are provided in the source material. Addis Fortune serves as Ethiopia's largest English-language weekly business news publication.

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