CBN cash limit claim to fix inflation counterfactual, says Bismarck Rewane

The cash withdrawal cap and new currency policies, which seek to lower inflation, increase the value of the naira, and minimize vote buying, have been criticized by Bismarck Rewane, managing director and CEO of Financial Directives, as being contrary to economic theory. The economist said in an interview on Arise TV on Friday that the ability of a currency to facilitate the exchange of goods and…
Read more