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 […]
Updates
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 […]
IMF MD Christine Lagarde Names Tobias Adrian as Financial Counsellor, Director Monetary and Capital Markets Department
November 28, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Tobias Adrian as Financial Counsellor and Director of the Monetary and Capital Markets Department. He succeeds José Viñals, who announced his departure from the IMF in July. “Mr. Adrian has […]
