CBN cash limit claim to fix inflation counterfactual – Rewane

Bismarck Rewane, managing director and CEO of Financial Directives has described the cash withdrawal limit and new currency policies claim to reduce inflation, improve the value of the naira and reduce vote buying as counterfactual to economics.

The economist who was speaking during an interview on Arise TV on Friday noted that inflation does not respond to the change in the colour of any currency but to its capacity to enable the exchange of goods and services.

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