KM Financial Solutions | UPDATE 1-IMF deal lifts Ethiopia bonds as currency slides to record low
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UPDATE 1-IMF deal lifts Ethiopia bonds as currency slides to record low

UPDATE 1-IMF deal lifts Ethiopia bonds as currency slides to record low

Ethiopia’s dollar-denominated
sovereign bonds jumped on Thursday to the highest since January
2018 while the currency eased to a fresh record low after Addis
Ababa reached a staff-level agreement with the International
Monetary Fund (IMF).

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