Difference between a fixed, free float crawling peg and managed float exchange rate system; which is better for Nigeria?
In a landmark move on June 16th, 2023, the Central Bank of Nigeria unveiled sweeping reforms to its foreign exchange operations, consolidating multiple rate windows into a singular, unified system: the Investor and Exporter Window, commonly referred to as the I&E Window. This shift has ignited spirited debates, with analysts and experts deliberating over the…