You forgot to add Bismark Rewane's suggestion to the CBN to get out of the fx conondrum, I believe he said CBN should sell dollars to the BDC's at 10% less the parallel market price, cutting the profit margin of BDC's and hopefully achieving exchange rate parity at least something of it
You forgot to add Bismark Rewane's suggestion to the CBN to get out of the fx conondrum, I believe he said CBN should sell dollars to the BDC's at 10% less the parallel market price, cutting the profit margin of BDC's and hopefully achieving exchange rate parity at least something of it
I love love your newsletter
I never miss the chance to fame ex-colleagues, - i think you mean famz- could you be in the throes of withdrawal? -jk