An overview and dynamics of financial market development in Nigeria and imperatives for exchange rate stability

Authors

E.U. Ukeje, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Money market, Economic development, Inflation, Exchange rate, Financial Market Dealers Association, Financial markets, Nigerian Treasury Bills (NBS), Nigeria

Abstract

The article discusses the important role money market plays in the economic development of any country which provides the platform for central banks to influence short-term interest rates,

Author Bio

Emmanuel U. Ukeje is the Director, Financial Market Department, Central bank of Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

52

Recommended Citation

Ukeje, E.U. (2014). An overview and dynamics of financial market development in Nigeria and imperatives for exchange rate stability. CBN Economic and Financial Review. 52(4), 53-69.