A Comparative Study of Foreign Exchange Policy Management in Ghana, Nigeria, and Uganda |
Common terms and phrases
adjustment AERC Africa auction market authorized dealer banks balance of payments Bank of Uganda bid rate bureau market bureau rates capital inflows central bank commercial banks competitiveness debt service deficits degree of divergence determined devaluation developing countries domestic currency Dordunoo Dutch auction system economic excess demand exchange control exchange rate convergence exchange rate policy exchange rate reform exchange rate regime final users finance fixed exchange rate floating exchange rate foreign currency foreign exchange bureaus foreign exchange market forex bureaus forex market funds Ghana and Uganda import license increase inflation inter-bank market macroeconomic macroeconomic policy March marginal rate million naira Nigeria Nigerian pound Odubogun official exchange rate official market official rate operation over-valuation parallel market premium pricing rule real exchange rate sector SFEM sources Special Import Programme Special Paper sub-markets supply of foreign sustainability three countries trade transactions wholesale auction World Bank