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These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.
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DOI: 10.1108/OXAN-DB286045
ISSN: 2633-304X
Keywords
Geographic
Topical
The move has resulted in official rates depreciating sharply and converging with the parallel market rate; the spread has narrowed to just 16%. The change in policy means that the…
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DOI: 10.1108/OXAN-DB281160
ISSN: 2633-304X
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Geographic
Topical
Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…
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DOI: 10.1108/OXAN-DB246811
ISSN: 2633-304X
Keywords
Geographic
Topical
The impact of the sanctions Russia imposed after Turkey shot down its warplane on November 24.
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DOI: 10.1108/OXAN-DB210287
ISSN: 2633-304X
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Geographic
Topical
Prospects for Argentina in 2020.
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DOI: 10.1108/OXAN-DB247769
ISSN: 2633-304X
Keywords
Geographic
Topical
Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…
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DOI: 10.1108/OXAN-DB279113
ISSN: 2633-304X
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Geographic
Topical
Gold price prospects.
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DOI: 10.1108/OXAN-DB217648
ISSN: 2633-304X
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Geographic
Topical
This has temporarily boosted the supply of forex, causing the naira to appreciate in the parallel market around December. However, this proved short-lived, with the CBN resorting…
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DOI: 10.1108/OXAN-DB259421
ISSN: 2633-304X
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Geographic
Topical
The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…
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DOI: 10.1108/OXAN-DB273697
ISSN: 2633-304X
Keywords
Geographic
Topical
The 2017 budget.