Dollarisation: any possibility in Nigeria and its effects on economic management and exchange rate stability

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Date

2014-12

Journal Title

Journal ISSN

Volume Title

Publisher

Central Bank of Nigeria, Research Department

Abstract

This paper examined various type and definitions of dollarization, the possibility of dollarization in Nigeria and its effect on economic management. The author emphasized on unofficial dollarization and its benefits and costs.

Description

Keywords

Exchange rate, Stability, Dollarisation, Foreign currencies, Inflation, Fiscal discipline

Citation

Abolo, E.M. (2014). Dollarisation: any possibility in Nigeria and its effects on economic management and exchange rate stability. CBN Economic and Financial Review. 52(4), 155-180.