![]() ![]() Eyob Tekalign Tolina(PhD) January 19, 2023Įthiopia operates a managed exchange rate for the birr, allowing it to depreciate gradually against the dollar. A sensible macro reform is always our agenda but there should not be any concern about mere devaluation. There is widespread rumor that devaluation is in the making. ![]() A sensible macro reform is always our agenda but there should not be any concern about mere devaluation.” “There is widespread rumor that devaluation is in the making,” Eyob Tekalign, state minister in the Ministry of Finance, said on Twitter on Thursday. Keep reading list of 4 items list 1 of 4 Oxfam says rich people hoarding wealth as global poverty rises list 2 of 4 Thousands of tractors block Berlin traffic over plans to end diesel subsidy list 3 of 4 Geopolitics, AI to slow global economy, grow inequality: Davos survey list 4 of 4 Is the World Economic Forum still relevant? end of list ![]()
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