This continuous abnormality is generating numerous impediments to the Central Bank of Nigeria (CBN) in managing the exchange rate markets. In respect to this, the study examines the effect of the parallel currency market premium (PCMP) on macroeconomic variables in Nigeria. Quarterly data over the...
Ghei N. et Kamin S.B., 1999, The use of the parallel market rate as a guide to setting the official rate, in Hinkle L.E. et Montiel P.J. (1999), Eds, Exchange Rate Misalignment: Concept and Measurement for Developing Countries, p. 405-464. New York: The World Bank....
A large thriving parallel market for foreign exchange has coexisted with a rich menu of official exchange rate policies aimed at achieving a more flexible exchange rate and price system as well as financial and trade liberalization. Despite aggresive policies in these areas, particularly for the exch...
This paper develops a model of an economy where the fixed exchange rate is overvalued and coexists with a parallel market for foreign currency. Such a situation persists because the parallel marker is used by the central authorities as an instrument to delay policy changes. Using the Ha茂tian ...
Parallel market for foreign exchange and hyperinflation: the case of Congo-Kinshasadollarisationhyperinflationcurrency substitutionparallel exchange ratesDemocratic Republic of Congoforeign exchangeexchange rate reforminflationblack marketdomestic currencyThis study analyses the relationship between exchange rate ...
Here is all about the current Dollar to Naira exchange rate in the black market for today. Get updated with the latest dollar-to-naira rates.
Exchange rate NGNLagos parallel marketGBPEURUSDCADZARAEDGHSXAFXOFCNYAUD205021002150abokiFX.comЯнварь Пн Вт Ср Чт Пт Сб Вс 30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 OTHER PARALLEL MARKET CURRENC...
Dollar to Naira exchange Rate today. The parallel market rates is from a bureau de change on Lagos Mainland. Rates vary based on location (demand and supply, purchasing pwer etc). Rates on Lagos Island, Lekki axis and Abuja are usually higher than Lagos Mainland. Rates in other cities may...
The sale and purchase of foreign currencies, mainly the Thai baht and U.S. dollar, currently mainly take place through money exchange units because of trading restrictions imposed by commercial banks and the growing disparity between official exchange rates and the parallel market rate. ...
Naira Dollar exchange rates, Daily Parallel Black Market & CBN Official rates currency conversion, Bitcoin Daily updated naira dollar exchange rates, euro and pounds. Currency conversion rates, parallel market and black market. Forex in Nigeria. CBN inte