NBE allocates USD 200 million for June forex auctions

The National Bank of Ethiopia has released its foreign exchange auction schedule for June 2026, allocating a total of USD 200 million.

The National Bank of Ethiopia (NBE) has officially released its foreign exchange auction schedule for the final quarter of the 2025/26 fiscal year. The central bank allocated USD 200 million to be fully utilized in June 2026.

According to the NBE statement, the distribution marks a strategic shift from previous quarters. The approach consolidates resources into fewer, higher-volume interventions.

The bank said the goal is to stabilize the domestic market before the fiscal year ends.

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The National Bank of Ethiopia announced changes on 25 May 2026 allowing banks to approve letters of credit without prior central bank approval for certain clients.

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