National Bank of Ethiopia hereby announces that it will conduct foreign exchange auction by October 14, 2025. As foreign exchange inflows to the central bank are continuing to increase this fiscal year, NBE has assessed that allocating part of foreign exchange proceeds to the banking system, will support our price and external stability objectives.
The NBE would like to indicate, on this occasion, that foreign exchange supply conditions continue to be robust and that business and individual demand for foreign exchange is being widely addressed by the banking system. Reflecting the record foreign exchange inflows received last year, commercial banks are at present continuing to make stepped-up foreign exchange allocations, which NBE will further support through periodic FX auctions as needed. Accordingly, the business community and wider public should remain reassured that Ethiopian’s formal foreign exchange markets are addressing FX demand and will continue to do so in the period ahead.
The foreign exchange auction will be held on Tuesday, October 14, 2025, and interested banks are invited to submit their bids in line with the guidance specified below.
Amount of FX Auction: $150 Million
FX Auction Date: Tuesday, October 14, 2025
Email submission: fxauction@nbe.gov.et
Bid Submission Period: 10:00 AM – 12:00 NOON
Bid Results Announcement: 3:00PM
Settlement: End of day, October 14, 2025
