Governor of the National Bank of Ethiopia Mamo Mihretu said the central bank would retain high interest rates through the end of 2024 amid concerns of rising inflation caused by the birr’s depreciation after being free-floated in July, Bloomberg reported on Oct. 23.

Ethiopia: Central Bank To Keep Rates Tight Amid Inflation Concerns

Ethiopia: Central Bank To Keep Rates Tight Amid Inflation Concerns | RANE

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Governor of the National Bank of Ethiopia Mamo Mihretu said the central bank would retain high interest rates through the end of 2024 amid concerns of rising inflation caused by the birr’s depreciation after being free-floated in July, Bloomberg reported on Oct. 23. 

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Ethiopia: Central Bank To Keep Rates Tight Amid Inflation Concerns

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