: the basic monetary unit of Ethiopia see Money Table
Example Sentences
Recent Examples on the WebMassive devaluation of the birr Since 2017, the government has been undergoing a major devaluation. Hawi Dadhi, Quartz, 5 July 2022 In the past four years the value of birr has dwindled by 126% against the dollar. Hawi Dadhi, Quartz, 5 July 2022 Ethiopia’s Bankers Association noting that over 113 billion Ethiopian birr lives outside of the formal banking system exacerbating the liquidity problems commercial banks have faced this year. Samuel Getachew, Quartz Africa, 14 Sep. 2020 Broad money supply has been increasing by 20% annually according to the National Bank of Ethiopia over the last 15 years and skyrocketed from 104.4 billion Ethiopian birr to almost 1 trillion birr this year. Samuel Getachew, Quartz Africa, 14 Sep. 2020 Subsidies to the state of Tigray from federal government were 10.4 billion birr ($285 million), according to the 476 billion 2020-21 financial year budget.Bloomberg.com, 5 Sep. 2020