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Price instability rocks Ethiopia as it reels from forex rate reforms

By Inquirer - 3 months ago
ADDIS ABABA, Ethiopia — The prices on the menu have been erased at a small hotel in a suburb of Ethiopia’s capital. That was no mistake, the waiters said, as businesses in Addis Ababa struggle to keep up with spiraling inflation since the government implemented a flexible exchange rate policy late last month. Since then,

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