Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill.
Egypt had a pegged exchange rate until January 29, 2003, when it adopted a floating exchange rate regime. Tunisia and, more recently, Iran have managed floats. Egypt pegged its currency to the dollar ...
Mozambique’s currency stability since 2021 is driven by a mix of central bank policies, export structures, and market regulations that limit volatility despite a floating exchange rate. Planned ...
“The floating is inevitable because we no longer ... The impact is clear: lack of stability in the exchange rate makes making long-term investments impossible, pushing the nation into a trading ...
In exchange, Amundi US(which operates under ... in turning performance around on this strategy. In 2022, Victory Floating Rate ranked at the very bottom of its distinct peer group; its 6.8% ...
Instead of depleting foreign reserves, the government diverts the heavy demand for foreign currency to the free-floating exchange rate market. Changes in the free-floating rate will reflect demand ...
The high-yield, high-risk XAI Octagon Floating Rate & Alternative Income Trust (XFLT) suits income-focused portfolios seeking ...
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Deputy Prime Minister and Foreign Minister Ishaq Dar has strongly voiced his feelings against supporters of a free-floating ...
Argentina’s president previously said he and his economic team hadn’t decided whether to fix the exchange rate between the peso and the US dollar or move toward a free-floating currency.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, says his reforms ...