Why I'm So Afraid
  • Name
    The National Bank of Ethiopia new foreign currency directive for importers
  • Channel
    Fikre Selam
  • Length
    5m 21s
  • Published
    2017-12-19 00:57:35
  • Resolution
    1080p

The National Bank of Ethiopia new foreign currency directive for importers National Bank of Ethiopia (NBE) has passed a new rule for banks regarding approving of letters of credit (LC). The new directive dictates banks should use the given price of items when allocating hard currency. The LC amount should correspond to the actual price of the item to be imported .

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