Exchange Rate in Ethiopia
Ethiopia - Exchange Rate (average of period)Economic activity likely cooled in July-December 2018, as suggested by lower-than-budgeted public capital spending and falling exports. This follows a slowdown in FY 2017, when shrinking agricultural and mining production weighed on growth; that said, the pace of expansion was still impressive, thanks to sturdy activity in the manufacturing and services sectors. Meanwhile, on the international front, the government signed a USD 1.8 billion investment agreement with China in late April. The deal is aimed at improving the provision of electrical power and distribution lines, which, in the process, should create jobs. On the fiscal front, in early May, the finance minister announced the government will introduce excise taxes to collect revenue, which will be earmarked towards the education, health and agriculture sectors.
Ethiopia - Exchange Rate (aop) Data
|Exchange Rate (vs USD, aop)||18.72||19.72||20.76||21.90||24.07|
5 years of economic forecasts for more than 30 economic indicators.
Ethiopia Exchange Rate (aop) Chart
Source: Thomson Reuters.
|Exchange Rate||28.51||0.01 %||May 13|
|Stock Market||0.3||0.0 %||May 13|
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