Addis Ababa — October 13, 2025 — Ethiopia’s central bank will auction $150 million in foreign exchange on October 14, stepping up its efforts to stabilize the market amid rising hard-currency inflows.
The (NBE) said the auction reflects strong foreign exchange supply conditions and record inflows this fiscal year. The move is part of the government’s strategy to strengthen the official forex market and support price and external stability.
“Foreign exchange supply conditions continue to be robust, and demand from the business and individual sectors is being widely addressed by the banking system,” the central bank said in its statement.
Bidding will take place between 10:00 a.m. and 12:00 noon, with results expected at 3:00 p.m. and settlement by the end of the day. The auction is the tenth of the year and signals NBE’s continued commitment to regular liquidity interventions.
The increased forex allocation is expected to ease pressure on the parallel market, where premiums over the official exchange rate have widened in recent months due to strong private-sector demand. By supplying more hard currency through formal channels, authorities aim to narrow the spread and stabilize expectations.
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