Study recommends floating exchange rate for Naira

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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