Ethiopia Blows Through Billions of Dollars as Currency Sinks

Bloomberg Markets•Wed, Aug 19, 2026, 06:00 AM•2 min read

Ethiopia is burning through billions of dollars in a frantic — and so far unsuccessful — bid to stem the selloff in its currency.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-19/ethiopia-s-currency-sinks-as-central-bank-burns-through-dollars)

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