埃塞俄比亚黄金出口：首超咖啡，货币有望走强

Core Insights - Ethiopia's gold exports have surged, surpassing coffee exports for the first time, indicating a significant shift in the country's export dynamics [1] - The Ethiopian currency is expected to strengthen in the coming months, reversing the depreciation trend that followed the implementation of a floating exchange rate system [1] - The country's currency has depreciated by two-thirds since the floating exchange rate was introduced on July 29 [1] Export Dynamics - The increase in gold exports is attributed to rising gold prices and higher export volumes, leading to unprecedented growth in the country's overall exports [1] - The government lifted a ban on Midroc Gold Mining Company, allowing it to resume operations, which is expected to further boost gold production [1] - Enhanced purchase prices for small-scale producers have curbed smuggling activities, contributing to an increase in domestic gold output [1]