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 Asia’s business heirs look beyond profits, hoping to escape parents’ shadow list 2 of 4 Al Jazeera challenges White House on escalation of tensions in the Red Sea list 3 of 4 Egypt’s economy will be its biggest challenge during el-Sisi’s third term list 4 of 4 India’s Adani gets top court relief on further probe over Hindenburg report end of list
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