Ethiopia’s Central Bank Reaffirms Commitment to Efficient Export Currency Management

Addis Ababa, December 1, 2025 (FMC) — The National Bank of Ethiopia (NBE) has reaffirmed its commitment to protecting the nation’s foreign exchange, promoting responsible export practices, and strengthening accountability in the country’s foreign exchange management system.

This was announced after Governor Eyob Tekalign convened a high-level consultation with exporters in the coffee, sesame, and pulses sectors to address persistent gaps in currency repatriation.

The meeting, according to the Central Bank, highlighted the Bank’s responsibility to ensure that export proceeds are returned promptly and transparently.

It was stated that constructive dialogue with the private sector takes precedence over enforcement measures, emphasizing collaboration to resolve challenges, improve compliance, and safeguard Ethiopia’s economic interests.

The Bank confirmed that it will continue to uphold accountability, encourage responsible export practices, and reinforce the integrity of the foreign exchange management system, signaling a continued focus on addressing gaps in repatriation and supporting the stability of the national economy.

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