Addis Ababa October 10/2020(ENA) Nationwide Financial institution of Ethiopia (NBE) introduced that it has distributed over 90 billion Birr of recent foreign money notes whereas over 140 billion Birr outdated foreign money notes have been collected.
Briefing journalists as we speak, Nationwide Financial institution Deputy Governor, Solomon Desta mentioned 90.four billion Birr new foreign money notes have been distributed throughout the nation.
Over 140 billion Birr outdated foreign money notes have additionally been collected, he added.
The brand new foreign money notes have reached the over 6,500 branches of the banks within the nation, in keeping with the deputy governor.
Solomon suggested individuals to speak with the close by banks whereas conducting large transactions with a view to keep away from cast Birr notes.
He identified that the Nationwide Financial institution of Ethiopia is enhancing public consciousness on the safety features of the brand new foreign money notes in collaboration with the respective native leaders.
Embassies are allowed to alternate Birr notes, the deputy governor mentioned, including that they should, nonetheless, present concrete details about the supply of the cash.