The Likely Outcome of a Birr Devaluation
Tsehai Alemayehu, Ph.D. 08-31-14 It appears that the Ethiopian authorities are at seriously considering the World Bank’s most recent advice to devalue the Birr. There are in fact indications that the decision to devalue might already...see also (PDF)
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The Renaissance of Ethiopia – a 2014 Visit
Professor Haggai Erlich Tel Aviv University Aug 21, 2014
For an historian of Ethiopia a visit in 2014 is an inspiring experience. I have frequented the country as of 1970, and it looks now moving forward like never before...
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Ethiopia considers devaluing currency
ETHIOPIA - Ethiopia says it’s considering the World Bank’s suggestion to devalue its currency, the Birr, but government says it want to minimize the impact on the wider economy....If this story holds true something is amiss. Never mind about the merit of such move now, but do authorities realize the effect such rumor will have on commerce and economic activities like remittance!