Central Bank Released Directive Limiting Cash Withdrawals

The central bank’s imposition of limits on cash withdrawals by savers and businesses targets payment instruments other than cash, thereby mitigating liquidity crunches and reducing note printing costs, as well as fighting fraud, its officials said today. The National Bank of Ethiopia’s (NBE) directive released today limits daily and monthly cash withdrawals of businesses to…

Visit Us On TwitterVisit Us On YoutubeVisit Us On Instagram