The National Bank of Ethiopia (NBE) has announced a special foreign exchange auction of $150 million, scheduled to take place tomorrow, December 27, 2025.
According to a statement released by the central bank, the special session is being held to mark the conclusion of the 2025 calendar year. This move follows the NBE's established practice of bi-weekly regular auctions aimed at providing liquidity to the banking sector.
Key Highlights of the Auction:
Market Stability: The NBE stated that all commercial banks are eligible to participate, with the goal of ensuring continued stability in the foreign exchange market.
Economic Strengthening: The auction is expected to further bolster Ethiopia's balance of payments, which officials say has shown consistent improvement since the launch of the countrys comprehensive macroeconomic reforms.
Liquidity Support: By injecting these funds, the NBE aims to address the growing demand for foreign currency and support the ongoing transition toward a market-based exchange rate system.
The central bank emphasized that this special auction is part of its broader commitment to maintaining price and external stability while supporting the private sectors access to foreign currency.