Bullion
Keywords
External reserves, Capital flows, Foreign direct investment, Capital in-flows, Nigeria
Abstract
A number of factors will determine whether capital will flow in and out of an Economy. The monetary Authority in every country have the sole right to maintain and manage the external reserves hereby maintaining confidence in the country monetary and exchange rate polices, provide confidence to international community on the country' ability to meet its external obligations and provide liquidity to government to meet its external obligations; and maintain foreign exchange liquidity. The main objectives of this paper is to access the impact of external reserves position in attracting capital flows.
Publication Title
CBN Bullion
Issue
1-3
Volume
39
Recommended Citation
Yuguda, Lamido A.
(2015)
"The impact of external reserves' position on capital Flows: the Nigerian experience,"
Bullion: Vol. 39:
No.
1, Article 2.
Available at:
https://dc.cbn.gov.ng/bullion/vol39/iss1/2