Foreign Exchange Reform: Necessary Medicine or Premature Exposure? It is, without question, a decisive move toward a more market-oriented foreign exchange system. Recent reporting suggests that exchange rate realignments have already carried significant financial implications for the central bank and broader financial system. This raises a critical concern: is Ethiopia liberalizing the foreign exchange framework before the productive base is strong enough to sustain it? Without this deeper economic renewal, foreign exchange reform risks becoming a technical adjustment layered over structural fragility.

Source: Ethiopian News February 15, 2026 18:39 UTC