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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…

  • Trade payment restrictions boost current account positions, per IMF study
  • Capital controls impact exchange rates differently based on inflow/outflow direction
  • Nigeria's current account surplus projected at $18.81 billion in 2026

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