some of the central bank policies are killing the economy. This interest would not attract investment especially dollar investment, the forex market ensure that it never happen. The lack of a true market operation of the forex market, continue to only support the banks and BDC. how does the central bank believe that BDC price would come down, when they can push at 350 and sell at 450. The banks have completely abandoned any form of banking and are in the business of speculation.
our recession would not be solved when central bank is mopping up the liquidity that the government is pumping into the economy. we need to allow the market trade forex with no price controls, we need to reduce the interest rate, because it is not bringing in investors, nor reducing inflation.