FXD/04/2026 – AMENDMENT TO FOREIGN EXCHANGE DIRECTIVE NO. FXD/01/2024 February 11, 2026

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The National Bank of Ethiopia has issued Directive No. FXD/04/2026, amending Foreign Exchange Directive No. FXD/01/2024, to relax foreign exchange administration, enhance market development, and boost business confidence by introducing changes such as allowing forward exchange dealings and relaxing foreign currency account opening and utilization rules. The amendments aim to incentivize foreign account holders, manage exchange rate risks, and encourage international trade, effective as of February 12, 2026.