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As the nation awaits the decisions of the Monetary Policy Committee meeting today to be announced by Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN), on the controlled devaluation of the naira at the bi-weekly Dutch Auction System (WDAS), analysts have expressed divergent views on further monetary policy tightening. Sanusi recently indicated that the [...]

London Related Times Topic: Economy BOTH the American economy and the global economy are facing a familiar foe: policy defeatism. Throughout modern economic history, whether in Western Europe in the 1920s, in the United States in the 1930s, or in Japan in the 1990s, every major financial crisis has been followed by premature abandonment — [...]

Nazmul Ahsan An intelligence report has held the large-scale borrowing by the government from the countrys banking system and the tight monetary policy of Bangladesh Bank (BB) responsible for the current liquidity crisis in the capital market. The report, a copy of which has been obtained by the FE, has strongly suggested pursuing the private [...]