Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

This collection of essays came out of a conference that coincided with the 50th anniversary of the final collapse of the Bretton Woods system of pegged but adjustable exchange rates. This collapse, ...

Floating rate funds primarily invest in financial instruments with variable interest rates, such as loans and bonds. Unlike fixed-rate investments, the interest rates of the assets in floating rate ...

Nigeria's foreign exchange reforms have restored the effectiveness of monetary policy after years of distortions… the IMF ...

The report, titled “Exchange Rate Pass-Through to Domestic Prices in Nigeria: An Empirical Investigation”, was published by the Central Bank of Nigeria (CBN) in the Economic and Financial Review. It ...

The move, which economists deem positive, is a prelude to needed monetary reform. When Bola Tinubu was inaugurated as president of Nigeria on May 29, he noted that the country’s monetary policy needed ...

An exchange rate is how much one currency is worth in terms of another currency. Most exchange rates change freely, going up or down depending on supply and demand in the foreign exchange market. A ...

Interest rate swaps are used by institutions and businesses to manage cash flows and interest rate exposure. Swaps involve the exchange of cash flows between two parties, with an intermediary handling ...

SBI issues $300 million floating rate notes to attract foreign currency deposits amid rising interest rates for FCNR (B) accounts.

Nigeria, one of Africa’s largest economies, has a long-standing history of grappling with currency stability and foreign exchange challenges. Over the years, the government has employed various ...

Exchange rates play a crucial role in the global economy, influencing trade, investment, and economic stability. Understanding the various measurements and regimes of exchange rates is essential for ...