Naira Struggles Nigeria's Response to the Crude Oil Price Shock of 2014

he monetary and exchange rate policy, here on referred to as ‘monetary policy’, are significant tools for economic growth and development. Although monetary policy is not the only thing that counts towards a country's economic prosperity, it plays an important role. In general, the aim of effective monetary policy is to provide the best set of conditions for economic growth, both in the present and, sustainably, into the future. To this end, monetary policy is t
 

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