Posts Tagged ‘psuv’

Nigeria’s move from a fixed to a floating exchange-rate policy

Lumkile Mondi (TC) : Africa’s largest economy has finally floated its fixed currency exchange rate for the first time in history. The freeing of the Nigerian naira after months of policy debates saw the currency immediately plummet by 40%. Photo: Friedrich Böhringer One would have to go back two decades to find parallels. South Africa […]

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