Freely floating exchange rates are not suitable for developing countries because they can be extremely volatile and might go astray from the objectives of economic fundamentals by effecting trade, investment and growth.


https://hal.science/hal-02432744

joyandfaith:
Freely floating exchange rates are not suitable for developing countries because they can be extremely volatile and might go astray from the objectives of economic fundamentals by effecting trade, investment and growth.


https://hal.science/hal-02432744

I think what you meant was " Corrupt government countries " a productive country needs to float their currency irrespective of their status.

adebayo987:
I think what you meant was " Corrupt government countries " a productive country needs to float their country irrespective of their status.

Developing nations must not float their currencies. It would lead to disaster. Even China and Russia are not floating their currencies.

adebayo987:
I think what you meant was " Corrupt government countries " a productive country needs to float their currency irrespective of their status.

Read through the article, pls.

Sevenworldpower:


Developing nations must not float their currencies. It would lead to disaster. Even China and Russia are not floating their currencies.

Here;
https://www.nairaland.com/7734265/pros-cons-floating-naira-all

Wailing wailers must always come up with bunkum analysis sha ni

joyandfaith:
Freely floating exchange rates are not suitable for developing countries because they can be extremely volatile and might go astray from the objectives of economic fundamentals by effecting trade, investment and growth.


https://hal.science/hal-02432744

Show me your certificate as a qualified Chartered Economist, then I will listen to you

joyandfaith:
Freely floating exchange rates are not suitable for developing countries because they can be extremely volatile and might go astray from the objectives of economic fundamentals by effecting trade, investment and growth.


https://hal.science/hal-02432744

You know nothing! John snow.

helinues:
Wailing wailers must always come up with bunkum analysis sha ni

There is not about wailing wailer. Read the journal in the link. How nations float their currencies,? It is only top economies in the world that float them.

WorldRichest:


Show me your certificate as a qualified Chartered Economist, then I will listen to you

Read the journal written by scholars in the link. Are you too lazy to read?

helinues:
Wailing wailers must always come up with bunkum analysis sha ni

Mr Thiefñubu's Praise-Singer, Dollar is now 815. Calling everyone with contrary opinion a 'wailing wailer' is stale

joyandfaith:
Freely floating exchange rates are not suitable for developing countries because they can be extremely volatile and might go astray from the objectives of economic fundamentals by effecting trade, investment and growth.


https://hal.science/hal-02432744

Nigeria is a country not a nation.... But our policy are tailored for nations