Managed Currency: Definition, Operation, and Advantages

Discover how managed currencies work, the role of central banks, and the benefits of exchange rate management in stabilizing ...
The Nation Newspaper

Achieving price, exchange rate stability despite headwinds

The directive on exchange rate unification to reduce market arbitrage originated from President Bola Tinubu. Two years on, these policy reforms have significantly narrowed the gap between official and ...
Hosted on MSN

IMF: Applauding CBN’s reforms impact on economic growth, exchange rate stability

The International Monetary Fund (IMF) has given a strong vote of confidence to Nigeria’s ongoing economic reforms, acknowledging the Central Bank of Nigeria’s (CBN) decisive measures as key drivers of ...
The Royal Gazette

Why it’s so hard to get best exchange rate

There is no greater turmoil in the “Seely household” than when it comes to converting funds and trying to determine the movement of a foreign currency exchange rate. Research is done, historical ...
The Nation Newspaper

CBN’s orthodox approach to inflation, FX stability boosts foreign capital inflows

Following the Central Bank of Nigeria’s (CBN) commitment to orthodox monetary policy, as articulated by Governor Olayemi Cardoso after the recent Monetary Policy Committee (MPC) meeting, investor ...
Reuters

Bank Indonesia keeps rates steady, focuses on rupiah stability

JAKARTA, Dec 17 (Reuters) - Indonesia's central bank held its policy rates unchanged for a third straight meeting on Wednesday, maintaining its focus on supporting the rupiah currency while it makes ...
Nigerian Tribune on MSN

Price stability: Why MPC may hold rates constant, say financial experts

AS Nigeria’s Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its 299th meeting, speculation is rife about potential changes to the country’s key policy rate.