Addis Ababa — The National Bank of Ethiopia (NBE) has announced that it will conduct its eleventh foreign exchange auction of the year on Tuesday, 2 December 2025, as part of its ongoing efforts to support external stability and ensure a more transparent allocation of foreign currency.
In a statement issued on Monday, the National bank reaffirmed its commitment to sustaining a regular schedule of bi-weekly foreign exchange auctions. The initiative is aligned with the NBE’s broader objectives of strengthening price stability and improving the efficiency of Ethiopia’s FX market.
According to the notice, a total of $50 million has been allocated for this round of the auction. Participating banks are required to submit their bids electronically via fxauction@nbe.gov.et. The bid submission window will open at 10:00 AM and close at 12:00 noon on the day of the auction.
The NBE has further indicated that auction results will be released at 3:00 PM, with settlement to be completed by the end of the same day, ensuring a swift and efficient transaction process.
The central bank has encouraged all eligible financial institutions to participate in the auction in accordance with established guidelines, underscoring its intention to enhance predictability and transparency within Ethiopia’s foreign exchange ecosystem.
