Please use this identifier to cite or link to this item: https://library.cbn.gov.ng:8443/jspui/handle/123456789/715
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dc.contributor.authorOjo, M. O.-
dc.date.accessioned2018-12-11T11:45:46Z-
dc.date.available2018-12-11T11:45:46Z-
dc.date.issued1990-06-
dc.identifier.citationOjo, M. O. (1990).Management of foreign exchange resources under Nigeria's structural adjustment programme. CBN Economic and Financial Review, 28(2), 30-44.en_US
dc.identifier.issn1957 – 2968-
dc.identifier.urihttp://library.cbn.gov.ng:8092/jspui/handle/123456789/715-
dc.description.abstractTbe paper seeks to appraise the foreign exchange management strategies under the Structural Adjustment Programme (SAP) in Nigeria. As a background, it reviews the foreign exchange management strategies in the pre-SAP period which largely relied on the use of trade and exchange controls. The available evidence is that the use of the control tools contributed to some extent to reducing balance of payments deficits, but at high costs in the form of increased malpractices and constraints on the production proress. The associated over-valued naira exchange rate discouraged production for export, encouraged imports of finished goods and raw materials and gave rise to virile parallel foreign exchange markets.en_US
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Departmenten_US
dc.relation.ispartofseriesVol 28;No. 2-
dc.subjectManagementen_US
dc.subjectForeign exchangeen_US
dc.subjectStructural adjustment programmeen_US
dc.subjectNigeriaen_US
dc.titleManagement of foreign exchange resources under Nigeria's structural adjustment programmeen_US
dc.typeArticleen_US
Appears in Collections:Economic and Financial Review

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