cbe

USD
55.7444
56.8593
,
GBP
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
DJF
0.3122
0.3184
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
33.1801
33.8437
,
SDR
,
ZAR
,
CNY
7.0626
7.2039
,
KWD
172.3885
175.8363

awash

EUR
56.5106
57.6408
,
GBP
64.5257
65.8162
,
JPY
0.4037
0.4118
,
CHF
57.4629
58.6122
,
SAR
14.1527
14.4358

abyssinia

abay

USD
55.7444
56.8593
,
EUR
60.3991
61.6071
,
GBP
70.4442
71.8531
,
CHF
63.8465
65.1234
,
AUD
36.6631
37.3964
,
AED
15.1772
15.4807
,
CNY
7.804
7.9601
,
DKK
8.0993
8.2613
,
DJF
0.3122
0.3184
,
INR
0.6684
0.6818
,
JPY
0.3789
0.3865
,
KES
0.3632
0.3705
,
NOK
5.1371
5.2398
,
SAR
14.8616
15.1588
,
ZAR
2.9639
3.0332
,
SEK
5.3402
5.447
,
SDR
74.2906
75.7764

zemen

CAD
40.1728
40.9763
,
EUR
58.6912
59.865
,
GBP
67.4111
68.7593
,
SEK
4.9496
5.0486
,
USD
55.5052
55.5052

buna

USD
54.778
55.8736
,
EUR
60.4201
61.6285
,
GBP
67.3216
68.668
,
AED
13.4962
13.7661
,
SAR
13.2148
13.4791
,
CAD
37.5106
38.2608
,
CNY
6.9339
7.0726
,
USD
7.3374
7.4841
,
EUR
4.7259
4.8204
,
GBP
60.0815
61.2831
,
AED
0.3485
0.3555
,
SAR
4.8953
4.9932
,
CAD
170.2997
173.7057
,
CNY
33.2543
33.9194

nib

GBP
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
USD
55.7444
56.8593
,
CAD
37.2068
37.9509
,
AED
13.7354
14.0101
,
SAR
13.4497
13.7187

berhan

USD
53.4492
54.5182
,
EUR
58.0672
59.2285
,
GBP
62.7892
64.045
,
CAD
36.1521
36.8751
,
AED
13.1691
13.4325
,
YUA
7.1276
7.2702

wegagen

USD
55.6943
56.8082
,
GBP
67.15
68.493
,
EURO
61.0131
62.2334
,
CAD
37.0968
37.8387
,
AUD
33.3569
34.024
,
CHF
60.3518
61.5588
,
SEK
4.8352
4.9319
,
NOK
4.7282
4.8228
,
DKK
7.4063
7.5544
,
DJF
0.3121
0.3183
,
INR
0.6681
0.6815
,
KSH
0.3635
0.3708
,
JPY
0.3393
0.3461
,
SAR
13.438
13.7068
,
AED
13.7231
13.9976
,
ZAR
3.1723
3.2357
,
CNY
7.0459
7.1868
,
KWD
172.3665
175.8138

dgb

USD
55.7444
56.859288
,
GBP
70.4442
71.853084
,
EUR
60.3991
61.607082
,
CHF
63.8465
65.12343
,
CAD
41.1125
41.93475
,
AUD
36.6631
37.396362
,
SEK
5.3402
5.447004
,
NOK
5.1371
5.239842
,
DKK
8.0993
8.261286
,
DJF
0.3122
0.318444
,
INR
0.6684
0.681768
,
KSH
0.3632
0.370464
,
JPY
0.3789
0.386478
,
SAR
14.8616
15.158832
,
AED
15.1772
15.480744
,
ZAR
2.9639
3.023178
,
CNY
7.804
7.96008
,
KWD
180.5115
184.12173

enat

USD
53.1422
54.205
,
GBP
62.1342
63.3769
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
55.7444
56.8593
,
GBP
67.2742
68.6197
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
EUR
60.3991
61.6071
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

lion

USD
55.716
56.8303
,
GBP
67.3251
68.6716
,
EUR
60.7026
61.9167

coop

USD
55.6943
56.8082
,
GBP
70.3141
71.7204
,
EUR
61.0131
62.2334
,
SAR
14.8486
15.1456
,
AED
15.1636
15.4669

gadaa

hijra

EUR
59.0833
60.265
,
USD
54.2297
55.3143
,
GBP
64.8713
66.1687
,
AED
13.3629
13.6302
,
KWD
168.849
172.226
,
SAR
13.3629
13.3481

The amount of gold gained by the National Bank has shown a depreciation by 62.5%

The amount of gold gained

 

 

 

Gold entering the National Bank has decreased compared to its previous record, the bank informed that The amount of gold gained by the National Bank during the current fiscal year has shown depreciation, especially the gold produced from the traditional gold producers and Midrock for Gdanbi Gold Mining Company is not being received properly.

 

 

 National Bank compares the amount of Gold gained in this year with previous records

 

 

The bank mentioned that it was able to purchase 2,684 kilograms of gold in the last nine months, which is a 62.5 percent decrease compared to the same period last year.

 

Ethiopia security has stated recently that it has detected more than 90 foreign and national companies which are involved in illegal gold exploration without any work permit at Gabella and Benishangul regions which happens to be the heart location for Ethiopian gold mining, 

 

Addis Ababa – Security and Intelligence Joint Task Force also disclosed that the associate foreigners managed to get it to the country and head to the mining area without any legal investment or travel documentation.

The smuggling business effect is now being shown according to the Bank’s report, it is said to have contributed greatly to depreciation the amount of gold gained , and the bank has also expressed that it is trying to encourage the legal companies by offering a 35 percent higher purchasing rate.