Exchange Rate in Ethiopia
Ethiopia - Exchange RateActivity is expected to have remained moderate at the end of FY 2018 and at the start of FY 2019. Exports dropped in the third quarter of FY 2018, widening the trade deficit. While electricity rationing from May-July disrupted economic activity. That said, robust infrastructure spending should keep growth among the fastest in the region. Moreover, the government’s ambitious reform drive should encourage investment and spur activity ahead. On 9 September, the government unveiled its latest reform and development blueprint, which focuses on improving key sectors such as agriculture and manufacturing. However, UN officials cautioned that the government should keep spending in check as public debt is projected to have hit a record high last year.
Ethiopia - Exchange Rate Data
|Exchange Rate (vs USD)||19.05||20.33||21.26||22.40||27.58|
5 years of economic forecasts for more than 30 economic indicators.
Ethiopia Exchange Rate Chart
Source: Thomson Reuters.
|Exchange Rate||29.59||0.01 %||Sep 04|
|Stock Market||0.4||0.0 %||Sep 04|
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