Home Tags FX Controls

Tag: FX Controls

Inflation is getting out of control in Africa’s largest economy

Nigeria has attempted to hold its currency, the naira, fixed at 200 per dollar on the official FX market by rationing the supply of dollars.

The controversial policies of Africa’s largest oil producer ‘have failed’

Two specific policies — Nigeria's FX controls and its efforts to fix the retail cost of petrol — have led to higher inflation.