In-depth study of the parallel foreign exchange market in Nigeria: report |
Common terms and phrases
acquiring activities AFEM Amount analysis attraction Authorised authorities banks Bureau de Change cash CBN/NISER Field Survey cent CHAPTER coefficients constraints currency customers Dealers delays demand dependent depreciation Developing Distribution of Respondents distributive trade documentation dollar Economic effect end-users ensure estimated exchange rate exchange rate determination expected export factors findings followed foreign exchange market foreign exchange transactions Forex formal foreign exchange framework funds further Given IFEM illegal important imputed costs IN-DEPTH indicated informal foreign exchange institutional interviewed issues Kano Lagos Location logistic regression major manufacturing measures methods million monetary naira Nigeria official parallel foreign exchange parallel market operators patronage patronising Percentage Distribution positive premium prevailing probability problems purchases reduce reported requirements Research respectively respondents reveals risks sector shows Source supply Table total transactions trade associations transfers travellers variables volume of foreign