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  • Ethiopia Devalues Birr 9.9% Against the Dollar

Ethiopia Devalues Birr 9.9% Against the Dollar

July 13, 2009July 14, 2009byTadias Magazine

Source: Bloomberg.com

By Jason McLure

July 13 (Bloomberg) — Ethiopia devalued its currency, the
birr, 9.9 percent against the dollar on July 10 after difficulty
obtaining foreign exchange led to shortages of imported
goods such as auto parts and medical supplies. Read more.

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