Revamping the national currency: A pipe dream or achievable hope?, By Olufemi Boyede
The first point we would like to stress here is that the exchange rate of a nation’s currency cannot be legislated. The strength of a country’s currency is, in all cases, determined by that country’s foreign reserves, and its performance in global trade – a terrain described by the International Trade Center (Geneva) as fiercely competitive. […] The post Revamping the national currency: A pipe dream or achievable hope?, By Olufemi Boyede appeared first on Premium Times Nigeria.
The first point we would like to stress here is that the exchange rate of a nation’s currency cannot be legislated. The strength of a country’s currency is, in all cases, determined by that country’s foreign reserves, and its performance in global trade – a terrain described by the International Trade Center (Geneva) as fiercely competitive. […]
The post Revamping the national currency: A pipe dream or achievable hope?, By Olufemi Boyede appeared first on Premium Times Nigeria.
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