Nigeria’s partial float will not relieve forex crunch
Uncertainty surrounds the Central Bank of Nigeria’s latest move to increase liquidity in the foreign exchange market
You must be signed in to read this analysis
In this article
- Compromise plan
- Rate convergence
- Investor pessimism
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.
_350.jpg "A trader changes dollars with naira at a currency exchange store in Lagos, Nigeria (Reuters/Joe Penney)")