ADDIS ABABA — In a major move to inject deep liquidity into the financial sector, the National Bank of Ethiopia (NBE) announced late Monday afternoon that it will hold a Special Foreign Exchange Auction tomorrow, Tuesday, May 19, 2026.
The central bank is putting a staggering $500 million up for bidding by commercial banks—matching its historic intervention scale to decisively meet outstanding private-sector demand.
According to the official circular issued by the NBE, the auction will run on a highly compressed, intraday timeline:
- Bid Submission Window: 10:00 AM — 12:00 NOON
- Method of Submission: Secured, dedicated central bank portal (
[email protected]) - Results Announcement: 3:00 PM
- Settlement: Strict End of Day (EOD) mandate on May 19, 2026.
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