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Topic: Study recommends floating exchange rate for Naira  (Read 1795 times)

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Study recommends floating exchange rate for Naira
« on: May 11, 2015, 01:01:19 am »
Study recommends floating exchange rate for Naira

A study on the impact of exchange rate on domestic prices has recommended a floating exchange rate for the naira. This, according to the study is because the impact of exchange rate on domestic prices is low, incomplete, and it takes about two years.  “. In other words, the fear of floating that the authorities exhibit in Nigeria may be unfounded”, the study asserted.


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Source: Study recommends floating exchange rate for Naira

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