marcusfe
Active member
I'm directing this question to the economic experts in the house and I want as my as possible who are well informed about economic and financial to give their point of view as well. I've heard several times when some economic analysis were advising the central bank of Nigeria sometimes ago to float the the Nigerian currency. Some were suggesting it should be kept fixed and each of these advisors gave their analysis what would it's impact on the economy of the nation and the citizens as well.
I know that whether the currency of a nation is kept fixed or left to float will have serious impact on the economy and the citizens. The I don't really understand these terms of fixing or floating the economy. Let the economic experts in the house do justice to this.
I know that whether the currency of a nation is kept fixed or left to float will have serious impact on the economy and the citizens. The I don't really understand these terms of fixing or floating the economy. Let the economic experts in the house do justice to this.