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Bullion

Keywords

Exchange rate volatility, United States Dollar, Exchange rate fluctuation

Abstract

The paper reviews briefly recent developments in the foreign exchange markets, with particular reference to the chronic problem facing the US Dollar. This is followed by an examination of the major issues involved in the crisis of confidence and measures that might be taken to tackle the recurrent dollar problem, in a way to bring about an orderly exchange rate adjustment and smooth functioning of the international Monetary System.

Author Bio

Dr. Ojo T. Ade was a staff of OPEC Secretariat.

Publication Title

CBN Bullion

Issue

3

Volume

3

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