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Bullion

Keywords

Indirect Monetary Control, Monetary control, Nigeria

Abstract

This paper examines what indirect monetary control is, and how Nigeria is moving towards it. The first section of the paper explained indirect monetary control as the techniques of controlling money supply through manipulation of the monetary base which comprises of total bank reserves plus currency in the hands of the non-bank public.

Author Bio

The author is the staff of the Central Bank of Nigeria

Publication Title

Bullion

Issue

1

Volume

16

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