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USD/NGN 1,321.98 ▾0.1%GBP/NGN 1,787.13 ▾0.1%USD/NGN black market ₦1,400GBP/NGN black market ₦1,900

IMF: Trade payment restrictions strengthen current accounts, capital controls sway exchange rates

Trade payment restrictions can strengthen countries’ current account positions, while capital controls influence exchange rate movements differently depending on whether they target capital inflows or outflows,…

Aggregated · originally by Nairametrics
7 Sept 2026, 07:30 WAT · 3 min read
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IMF: Trade payment restrictions strengthen current accounts, capital controls sway exchange rates

Trade payment restrictions can strengthen countries’ current account positions, while capital controls influence exchange rate movements differently depending on whether they target capital inflows or outflows,…