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money

What Is Monetary Policy?

Ever heard of the term monetary policy? In recent times, the governor of the Central Bank of Nigeria, Godwin Emiefele, and other top executives of the apex bank have been in the news almost every quarter of the year, to...
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Currency Devaluation Vs Depreciation: The Big Difference

Devaluation and depreciation are two different economic and financial terms that are wrongly used interchangeably. A clear-cut understanding of the difference between both terms would provide a better guide on their usage. Devaluation occurs when a country makes a conscious...
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