Regulating the Foreign Exchange Market in Ethiopia: The Challenges and Next Reform Areas
| dc.contributor.advisor | Solomon Abay | |
| dc.contributor.author | Gutu Hika | |
| dc.date.accessioned | 2026-05-22T08:10:54Z | |
| dc.date.available | 2026-05-22T08:10:54Z | |
| dc.date.issued | 2023-05-01 | |
| dc.description.abstract | Many important aspects of foreign exchange market organization are affected by regulations. Thus regulations are an integral part of the organization or infrastructure of foreign exchange markets. They typically place limits on the use and allocation of foreign and domestic currencies, operations by intermediaries, the types and characteristics of contracts, and trading locations. They can significantly alter exchange rate dynamics by circumscribing how individuals and institutions interact in the market. Regulation of the foreign exchange market plays a significant role in macroeconomic development. It secures the stability of financial operations so long as properly formulated and adaptable to the changing circumstances of today’s economic integration. Foreign exchange market regulation becomes an economic policy concern for both developing and developed countries. Of its contribution to economic development in the general and financial market in particular government pays considerable attention to the area. This work studies the regulation of the foreign exchange market in Ethiopia. In doing so, it assesses the existing regulatory framework governing the foreign exchange market. It examines whether existing regulatory laws cause challenges to the market and points out the necessary next reform areas if needed. The study was conducted based on legislative analysis. The finding of the study shows that there are different challenges out there that hinder the regulation of the foreign exchange market. It also shows that further regulation of required for the inadequacy of the existing regulation in covering some areas. Finally, this work provides some recommendations which the writer considers appropriate | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/8101 | |
| dc.language.iso | en | |
| dc.publisher | Addis Ababa University | |
| dc.subject | Foreign exchange market | |
| dc.subject | Regulation | |
| dc.title | Regulating the Foreign Exchange Market in Ethiopia: The Challenges and Next Reform Areas | |
| dc.type | Thesis |