ADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...

The gap between the Ethiopian currency’s official and parallel-market exchange rates widened to a record as foreign reserves dwindled and fighting in the country’s north resumed. On Wednesday, the ...

FILE -A man sells chickens in Sholla Market, the day before the Ethiopian New Year, in Addis Ababa, Ethiopia, Sept. 10, 2022. (AP Photo), File) ADDIS ABABA, Ethiopia (AP) — The prices on the menu have ...

A lot has happened since then, in the shape of Covid-19, a civil war in Tigray, and Russia’s invasion of Ukraine. This time around, mother is looking for some lifestyle changes, notably in Ethiopia’s ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ADDIS ABABA, Ethiopia (AP) — Ethiopia’s ...

ADDIS ABABA, Ethiopia (AP) — The prices on the menu have been erased at a small hotel in a suburb of Ethiopia’s capital. That was no mistake, the waiters said, as businesses in Addis Ababa struggle to ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...