The MAN DG added that the regime would engender competitiveness of Nigeria’s export and lead to improved market efficiency for effective foreign exchange access and rise in capital flows. Its Director ...

Second, it classifies exchange rate regimes in more detail than the traditional dichotomy between fixed and floating exchange rates. Third, it distinguishes between the central banks' declared ...

Currency crises are usually associated with large nominal and real depreciations. In some countries depreciations are perceived to be very costly ("fear of floating"). In this paper we try to ...