Former Vice President Atiku Abubakar has described President Bola Tinubu’s floating exchange rate system as an overkill. Atiku stated this on Sunday while listing things he would have done differently ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Images: CNP/Zuma Press/Shutterstock/ Composite: Mark Kelly Nobel economics laureate Robert ...

NPR's Adrian Ma speaks with Cerian Richmond Jones of The Economist about the decision by Nigerian and Ethiopian governments to float their respective currencies. Two of Africa's biggest economies are ...

Its Director General, Segun Ajayi-Kadir, said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos. NAN reports that a floating exchange rate is a currency management system ...

The move, which economists deem positive, is a prelude to needed monetary reform. When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed ...

Put simply, exchange rates compare the value of one currency to another. They measure how much of one currency it takes to purchase a unit of another. Exchange rates are ultimately determined in ...

About eight years after BlackRock CEO Larry Fink was quoted as saying the firm would "not do a bank loan ETF," a filing with the Securities and Exchange Commission indicates it's getting ready to ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...

Currency crises are usually associated with large nominal and real depreciations. In some countries depreciations are perceived to be very costly ("fear of floating"). In this paper we try to ...