Ethiopian News, Current Affairs and Opinion Forum

Abaymado
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Posts: 4191
Joined: 27 Sep 2017, 21:56

Re: Government aims USD-Birr exchange rate to be determined at the market price

Post by Abaymado » 14 May 2021, 17:05

It is boring, they are telling us what we know.
It is said that if the money continuously devalued, something is going wrong in the economy or as whole in the country.

The matter of the fact, the endless devaluation of birr make locals to suffer hugely, on the contrary, for Ethiopian living overseas are benefited significantly. So the discrepancy between the locals and diaspora are becoming wider.

This is intolerable.

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