The foreign exchange market in Nigeria has always been much in contention as to its inefficiency and consequent impact on various sectors of the economy. This study therefore assessed the efficiency of the foreign exchange market in Nigeria, and by extension, test whether the past exchange rate af...
including large deposits of crude oil. Add that to the favorable agricultural landscape, and you begin to understand that Nigeria is a blessed nation. So it’s quite bewildering that such a nation would have a currency that performs so poorly against other foreign currencies...
iv.RBI decided to allow issuance of RuPay Prepaid Forex (Foreign Exchange) cards by banks in India for use at ATMs, PoS machines and online merchants overseas to expand payment options for Indians travelling abroad. About the Reserve Bank of India (RBI): Governor– Shaktikanta Das Deputy Gover...
REVIEW OF ECOWAS EXCHANGE RATE MECHANISM current and capital account(i) Trends in Exchange Rate Policies and Regimes(ii) Foreign Exchange and Payment Restrictions(iii) Trends in Exchange Rates(iv... Freetown,June 被引量: 0发表: 0年 FISCAL DEFICIT, CURRENT ACCOUNT BALANCE AND ECONOMIC PERFORMANCE...
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It has been detected in sand flies in Senegal and Nigeria, apart from India. The virus is known to cause inflammation of the brain, and progresses rapidly from an influenza-like illness to coma and death. Chandipura virus (CHPV) belongs to the Rhabdoviridae family in the order ...
This list includes the Bahamas, which introduced its Sand Dollar in October of 2020; nine other Caribbean nations; Cambodia, which unveiled a cross-border, remittance-focused CBDC; and Nigeria, which launched its e-Naira in October of 2021. The Cambodian and most of the Caribbean central banks...
(and member states), Hong Kong, Iceland, Israel, Japan, Kazakhstan, Republic of Korea, Liechtenstein, Mauritius, Mexico, Republic of Moldova, Montenegro, New Zealand, Nigeria, North Macedonia, Norway, Paraguay, Peru, Philippines, Russian Federation, Kingdom of Saudi Arabia, Singapore, Switzerland,...
(It’s either a commodity off-take agreement or the commitment to provide stakes in a number of permits containing undeveloped gas fields and in exploration permits as happened in Nigeria –I suspect the former). Furthermore, it fits well with EXIM’s strategy. One of the biggest hints to ...
Under the current pattern of the US current account, world growth and exchange rates, the US current account deficit would reach $1.6 trillion in 2012, or 9 percent of GDP . For this to happen, however, the current account surpluses of other countries would also ...