Monday, November 12, 2007
Record Birr to U.S. dollar exchange
The Birr to U.S. dollar exchange rate is on track to reach 10:1, but don't expect any bargains on your next trip.
...Economists say the US dollars is up in the Ethiopian market due to the rising inflation in the country, which independent economists say has reached 22 percent but the government insists is only 12 percent.
Ethiopia : Exchange rate for US dollars hits highest mark (Journal Chretien) November 12, 2007