2026-05-12
Parallel birr strengthens 3.95% as ESX session closes flat across all tickers USD/ETB parallel sell dropped 3.95% to 179.87 birr, narrowing the gap with the official 158.36 rate to 13.6%. The ESX session closed unchanged across IBMM, WGBX, GDAB and AWAB.
FX
- USD/ETB Official: buy 156.79 / sell 158.36 (change -0.12%)
- USD/ETB Parallel: 179.87 (change -3.95%) — biggest day-mover
- Parallel premium vs official: 13.6%
- EUR/ETB: 184.53 / 186.37 (-0.07%); GBP/ETB: 213.08 / 215.21 (-0.21%); JPY/ETB -0.36% Macro
- Headline inflation 11.7% YoY (May 7), up 2.3pp
- Food inflation 13.5% YoY; Non-food 9.1% YoY (May 7)
- FX Gap macro reading 12.0% (May 8) — today's parallel/official spread sits at 13.6% ESX
- All four tickers closed unchanged (change 0%)
- IBMM 12.00; WGBX 1,191.96; GDAB 1,100.00; AWAB 3,000.00
- No gainer or loser this session Watch
- IMF commends Ethiopia's progress on ambitious economic reform agenda (May 11)
- Government takes over ERC debt after China restructuring deal (May 10)
- Safaricom Ethiopia posts 15.9bn birr revenue in FY26 (May 11) ← 2026-05-11 2026-05-13 → © 2026 Hulunem Markets · Part of hulunem.com · Data: NBE, CSA, ESX, MoF · Not investment advice