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Currency appreciation and depreciation. Currency depreciation is the loss of value of a country's currency with respect to one or more foreign reference currencies, typically in a floating exchange rate system in which no official currency value is maintained. Currency appreciation in the same context is an increase in the value of the currency.
1942. Headquarters. Addis Ababa, Ethiopia. Official languages. Amharic, Arabic and Oromo. Website. ena.et. The Ethiopian News Agency ( Amharic: የኢትዮጵያ ዜና አገልግሎት Ye-Ityopya Zéna Agelgelot ( IZA) or ENA) is the official news agency of the government of Ethiopia. It is the oldest news organisation in Ethiopia ...
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [77] Industry, mainly construction, and services accounted for most of the growth.
Ethiopia reached a separate debt-service suspension deal with China earlier in 2023. Ethiopia has been without an IMF program since its last lending arrangement with the fund expired in late 2022.
Tables of historical exchange rates to the United States dollar. Listed below is a table of historical exchange rates relative to the U.S. dollar, at present the most widely traded currency in the world. [1] An exchange rate represents the value of one currency in another. An exchange rate between two currencies fluctuates over time.
Maximum retail price. The MRP of this bottle of water in Sri Lanka is 90 Rupees. Maximum retail price ( MRP) is a manufacturer-calculated price that is the highest price that can be charged for a product sold in India, Indonesia, where it is known as Harga Eceran Tertinggi ( HET ), and Bangladesh. [1] The MRP is also imposed by the government ...
The Ethiopian Securities Exchange (ESX) is the primary securities exchange in Ethiopia. Its establishment is part of a broader initiative by the Ethiopian government to enhance the country's financial infrastructure and provide a platform for businesses and investors to engage in securities trading. The development of the ESX is in line with ...
Ethiosat ( Amharic: ኢትዮሳት) is an Ethiopian communication satellite platform launched by the Information Network Security Agency (INSA) on 21 April 2017. The satellite hosts SES's NSS-12 satellite at 57 degrees East and provides 30 television channels for Ethiopian audience, the 12 are transmitted via high-definition standard. Logo of ...