National Economy

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Ethiopia's gold boom is boosting exports while eroding the stability of the central bank. This development was highlighted in a report by Addis Fortune, Ethiopia's leading English business weekly.

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Ethiopia's National Bank of Ethiopia's foreign currency auction on Hidar 7, 2018, resulted in vain. Although 13 banks participated, the auction did not succeed. The bank announced it will conduct similar auctions in the next two weeks.

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