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Ethiopian Bankers Association – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 17 Sep 2020 21:15:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Ethiopian Bankers Association – DIGIT INFO https://www.digit.info 32 32 Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding https://www.digit.info/inflation-hit-ethiopia-demonetizes-currency-to-curb-cash-hoarding/ Thu, 17 Sep 2020 21:15:38 +0000 https://www.digit.info/2020/09/17/inflation-hit-ethiopia-demonetizes-currency-to-curb-cash-hoarding/ Read more]]>

Inflation Hit Ethiopia Demonetizes Currency To Curb Cash HoardingThe Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy. In a statement released via Twitter on September 14, […]

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