Culled—Proshare November 28, 2016/Research Broad Money Supply has increased by N2,382,730.06 mln to move from N20,470,436.00 mln at the end of March 2016 to N22,182,187.60 mln at the of July 2016. It recorded a whopping N1,460,279.34 mln increase at the end of July 2016 which represents the highest increase recorded […]
Money Market
From The Archives: Rejoinder on What Causes A Currency Crisis
Culled—Proshare November 28, 2016/Bello-Osagie Aghatise Teslim A central bank that adopts a fixed exchange rate signals to investors that they will do whatever it takes to support the value of their domestic currency. Most-times they use their foreign currency reserve to meet local demand for the pegged foreign currency. To […]
Central Bank of Kenya: MPC Reviews Outcome of Previous Policy Decisions, Recent Economic Developments
Central Bank of Kenya Governor, Dr Patrick Njoroge November 28, 2016/Central Bank of Kenya The Monetary Policy Committee (MPC) of the Central Bank of Kenya (www.CentralBank.go.ke) met on November 28, 2016, to review the outcome of its previous policy decisions and the recent economic developments. The meeting was held against […]
