Central Bank of Nigeria (CBN) has implemented policy corrections, market liberalisation, and enhanced transparency to address ...

This discussion is based on the theory of optimal currency areas, which stipulates that real shocks (for example, terms of trade shocks) are better accommodated through flexible exchange rates, and ...

This brief considers the choice of an appropriate exchange rate regime—floating, managed or fixed arrangements—for individual countries in light of important changes that have taken place in the world ...

Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...

# A senior Central Bank executive yesterday asserted that The Bahamas is “well protected” by its fixed exchange rate peg to the US dollar despite fears that the latter may depreciate due to inflation ...