The country is losing money on a mega scale, someone was telling me today 1 Euro is above 70 Eth. Birr on the black market, which was shocking for me.
It is around 50 Birri officially, according to an internet base currency converter, but the banks may have different rates for themselves. In any way it is a big lose for the country and shouldn't be allowed to continue.
Many Ethiopians are mafios, unfortunately, there is no wish to work hard and earn more, it is all about short cut to wealth above anybody else.
The country should close the path to such easy money by means of trickery for such people, without any delay, in my view.
አገርቷ የ ሌባ አገር ሆናለች፣ ያሰዝናል።
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Re: Ethiopia Should Liberalize Its Currency Market
liberalize?ኧረ?
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Re: Ethiopia Should Liberalize Its Currency Market
DDT
You are saying Ethiopians are stealers when it was the agames who on purpose devalued the Ethiopian Currency in order to attract more Chinese Investors!! You know all those buildings in Addis and the so called “factories” were built by devalue-ing the BIRR NONSTOPP TO CONTINUE FILLING TPLFS BANKS YET DDT BLAMEs Z ETHIOPIAN PEOPLE
SMILE WILL YA? OPDO YE ANOLE KOMATA
GOOGLE: ETHIOPIAN BIRR DEVALUED BY MORE THEN 5X UNDER TPLF NOW THE BIRR IS RACING TO COMPLETE DEVALUATION thanks to OVERWEIGHT OPDO
You are saying Ethiopians are stealers when it was the agames who on purpose devalued the Ethiopian Currency in order to attract more Chinese Investors!! You know all those buildings in Addis and the so called “factories” were built by devalue-ing the BIRR NONSTOPP TO CONTINUE FILLING TPLFS BANKS YET DDT BLAMEs Z ETHIOPIAN PEOPLE
SMILE WILL YA? OPDO YE ANOLE KOMATA
GOOGLE: ETHIOPIAN BIRR DEVALUED BY MORE THEN 5X UNDER TPLF NOW THE BIRR IS RACING TO COMPLETE DEVALUATION thanks to OVERWEIGHT OPDO
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Re: Ethiopia Should Liberalize Its Currency Market
የባሰውን አህያ አታምጣ!!
Noble Amhara wrote: ↑15 Jun 2021, 15:17DDT
You are saying Ethiopians are stealers when it was the agames who on purpose devalued the Ethiopian Currency in order to attract more Chinese Investors!! You know all those buildings in Addis and the so called “factories” were built by devalue-ing the BIRR NONSTOPP TO CONTINUE FILLING TPLFS BANKS YET DDT BLAMEs Z ETHIOPIAN PEOPLE
SMILE WILL YA? OPDO YE ANOLE KOMATA
GOOGLE: ETHIOPIAN BIRR DEVALUED BY MORE THEN 5X UNDER TPLF NOW THE BIRR IS RACING TO COMPLETE DEVALUATION thanks to OVERWEIGHT OPDO
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Re: Ethiopia Should Liberalize Its Currency Market
The Governor is of different opinion to that of mine: "there will be no devaluation", adding "the outlook is more promising than which could have justified such a step". He gave me a big X.