Ethiopia Central Bank Announces 15% Devaluation Of Birr - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Ethiopia Central Bank Announces 15% Devaluation Of Birr (657 Views)
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| Ethiopia Central Bank Announces 15% Devaluation Of Birr by ednited(f): 4:41pm On Oct 11, 2017 |
It's like the 100ETB you had in your pocket yesterday changed to 85ETB this morning! That's crazy!!!! http://www.africanews.com/2017/10/10/ethiopia-central-bank-announces-15-percent-devaluation-of-birr/ |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by okpurukata(f): 5:16pm On Oct 11, 2017 |
Ethiopian airline tickets will be cheaper now. That's their only industry |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by ednited(f): 5:19pm On Oct 11, 2017 |
okpurukata: That's crazy. We were hoping things could get better. . .but everything is expensive now! MORE expensive, I mean. The govt don't know how to pay all the money they've borrowed. God help us. . |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by fogechi: 5:23pm On Oct 11, 2017 |
can we relocate there |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by ednited(f): 5:43pm On Oct 11, 2017 |
fogechi:come here? Why not  What do you wanna know? |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by wristbangle: 5:51pm On Oct 11, 2017 |
Many reasons would have accounted for the 15% devaluation but here in Nigeria we experienced 70% devaluation some months ago. How about that? |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by ednited(f): 5:58pm On Oct 11, 2017 |
wristbangle: Are you serious? Yours is special. . . . where is Buhari even? |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by wristbangle: 6:29pm On Oct 11, 2017 |
ednited: Yeah it is. Buhari met a terrible economy but he couldn't do much to arrest the situation on time but things are picking up slowly. A lot still needs to be done. |
| Re: Ethiopia Central Bank Announces 15% Devaluation Of Birr by ednited(f): 7:43pm On Oct 11, 2017 |
wristbangle: Been watching CGTN Africa live few hours before and their report says Nigerian currency is now doing better after slide. That's nice |
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