Devaluation of the Birr - A Layman's Guide

On September 1, 2010, the Central Bank of Ethiopia announced a devaluation of the birr by 20%. With this devaluation measure, the value of the birr has declined by at least 45% since 2008. It is to be recalled that the birr was devalued by at least 10% in October 2008, by 9.9% in July 2009, and by at least 5% in early May/late April 2010. Numerous sources indicate that all devaluations measures are conducted after the macro-economic team chaired by Prime Minister Meles Zenawi makes the decisions to do so

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Year of publication:	2013
Authors:	Hassan, Seid Y.
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Wechselkurspolitik \| Exchange rate policy \| Wechselkurs \| Exchange rate \| Entwicklungsländer \| Developing countries \| Entwicklungsstrategie \| Development strategy

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Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 23, 2010 erstellt
Other identifiers:	10.2139/ssrn.1688561 [DOI]
Classification:	E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; F00 - International Economics. General ; F10 - Trade. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013094238