Economic and financial analysts have identified a number of reasons for the continuous depletion of foreign portfolio investment inflows into the country. Last week, the Monetary Policy Committee rose from a two-day meeting and raised concerns over the dwindling portfolio investment into the country, saying the development portended danger for […]
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Nigerian Naira Falls to 4-Month Low as Central Bank Lifts Limits
The naira weakened for a fourth day after the central bank in Nigeria removed limits on how many dollars can be sold to foreign-exchange bureaus, driving demand for the U.S. currency. The currency of Africa’s second-biggest economy retreated as much as 1.6 percent to 163.21 per dollar, the lowest on […]
Unconventional Monetary Policies: Looking Ahead
Speech By Naoyuki Shinohara Deputy Managing Director, International Monetary Fund Tokyo, January 23, 2014 As Prepared for Delivery Good morning. It is my great pleasure to be here today to open this seminar on unconventional monetary policy. I would like to thank the government of Japan for its generosity in […]
