October 17, 2022/CSL Research According to a Punch news report, the Federal Government has said it will begin steps towards creating a separate and special foreign exchange window for exporting manufacturers. This is in response to a plea by the manufacturers asking the Federal Government to support the sector by […]
OPINION/EDITORIAL
Further tilt to the downside in WEO script
October 14, 2022/Coronation Research The IMF’s latest World Economic Outlook (WEO) has left its global forecast for 2022 unchanged at 3.2% y/y and has trimmed its projection for next year from 2.9% y/y to 2.7% y/y. The outlook projects contractions for one-third of the global economy in the near-term. We […]
How Countries Should Respond to the Strong Dollar
Image Credit: IMFBlog October 14, 2022/IMFBlog Gita Gopinath, Pierre-Olivier Gourinchas Exchange rates The dollar is at its highest level since 2000, having appreciated 22 percent against the yen, 13 percent against the Euro and 6 percent against emerging market currencies since the start of this year. Such a sharp strengthening […]
