← Ethiopian Regulatory Landscape for International Operations

The foreign exchange regime in depth

Module 01 / 5 · 65 min · Free preview

Work confidently inside the market-based FX regime: how rates are set, what exporters must convert and may keep, how forwards work and what the bank must report.

In this module you will learn to

Trace FXD/01/2024 and its amendments and know which text governs a request today
Explain interbank and client dealing, the indicative rate and end-of-day reporting
Apply the conversion and retention rules to goods exporters, service exporters and zone firms
Price and control a forward contract within the bank's own policy and the open position limit

Built on

Erudite Africa training module: Ethiopian Context, topic 1.c Ethiopian Regulatory Landscape for International Operations, Level 2 Intermediate (October 2026)
NBE directives as listed in the lessons: FXD/01/2024, FXD/04/2026, FXD/05/2026, FVD/01/2026, SBB/94/2025, SBB/96/2025, SBB/99/2026, SBB/87/2024, SBB/89/2024, SBB/91/2024, NBE/INT/13/2026, and the MPC No. 7 release (13 July 2026)
NBE Proclamation No. 1359/2025 and Banking Business Proclamation No. 1360/2025
Investment Proclamation No. 1180/2020, Council of Ministers Regulation No. 474/2020 and Ethiopian Investment Board Directive No. 1082/2025
FATF Recommendations and the Wolfsberg Group Correspondent Banking Due Diligence Questionnaire (international standards)
AML/CFT Proclamation (reported as No. 780/2013) and Customs Proclamation (reported as No. 859/2014, as amended), to be confirmed against the official texts

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.