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Published by: Admin
Published: 2 years ago
View: 155
Pages: 31
ISBN:
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Abstract
The 2014-2017 forex crisis in Nigeria highlights two significant drawbacks of oil dependency in the country. The first being the challenge monetary policy in Nigeria faces in facilitating both stability and economic growth. The second drawback is the inability of the countries exchange rate regime to cope with shocks to the oil-dependent economy.
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