“The bank is internally deadlocked and likely to backtrack on its promised commitment to adopt a flexible regime and will simply tweak the current illiquid managed fixed peg regime in an attempt to narrow the divergence between the official currency rate and the black market currency rate which is over 40 percent and growing,” said Sebastian Spio-Garbrah, chief Africa frontier markets analyst at DaMina Advisors. During his Democracy Day speech on Sunday he backed the central bank’s flexible policy on the currency but said he was still against a devaluation. President Muhammadu Buhari for months rejected calls to devalue the naira. But the central bank has since banned banks from re-selling dollars purchased from it among themselves in order to curb speculation.Īnalysts at DaMina Advisors say the delay could cause the central bank to backtrack as it tries to reconcile the new policy with the president’s vow not to devalue the naira. verb T us / kler.fa / uk / klr.fa / clarify verb T (EXPLAIN) Add to word list C1 to make something clear or easier to understand by giving more details or a simpler explanation: Could you clarify the first point please I don't understand it completely. Let me reiterate: if you repeat yourself, youre reiterating the thing you originally said. Watch the video: Only 1 percent of our visitors get these 3 grammar questions right. While this can be a longer phrase, it’s a great way to both clarify and ask for clarification while not sounding as though you weren’t listening or being rude. To reiterate something is to say or do something again, or many times. The preferred synonym to just to clarify is just to make sure we’re on the same page. Prior to the pegged rate, the interbank traded as a two-way quote market and banks could place buy and sell orders. /ridret/ /ritret/ Other forms: reiterated reiterating reiterates. The reality is that he (the governor) does not understand the meaning of signals,” said one senior banker, speaking on condition of anonymity. “We are unlikely to get anything in the next two to three weeks. However, the bank has yet to clarify how the new policy would work, spooking foreign investors, long worried about getting caught in the middle of a currency devaluation. To restate or clarify something you have already said: in other words to put it another way that is to say as I have said as discussed above as I have. The central bank announced last week plans to abandon the naira’s 15-month peg to the dollar, which has overvalued the Nigerian currency, harmed investments and caused the economy to contract. The Financial Market Dealers Association (FMDA), an association made up of local currency dealers, initiated the meeting with central bank governor Godwin Emefiele on Wednesday to discuss the policy, they said. The PowerPoint also contains a link to a short video on using commas to clarify meaning.LAGOS, June 2 (Reuters) - A meeting between Nigeria’s central bank governor and local currency traders has failed to dispel uncertainty over the implementation of plans to abandon the naira peg and adopt a flexible currency, bankers said on Thursday. Pupils are asked to explain how the meaning changes with the addition/removal of commas. Many examples are provided within the PowerPoint and pupils have the opportunity to identify where commas and pairs of commas should go in a sentence to clarify meaning. This resource contains a fully editable, 50-slide PowerPoint lesson on commas and how these devices are used to clarify meaning and to avoid ambiguity and confusion It highlights the importance of the comma as a punctuation device in sentences. Using Commas To Clarify Meaning - PowerPoint Lesson But, Ill reiterate again here - clarification so that we can draft the proposed statement of decision and proposed judgment. Pupils also need to explain how the meaning has changed. Tasks include rewriting sentences and adding or removing commas to change meaning. This resource contains one information sheet and 11 worksheets on using commas to clarify meaning and avoid ambiguity (National Curriuclum: Years 5 and 6 programme of study: Using commas to clarify meaning and / or to avoid ambiguity in writing). Using Commas To Clarify Meaning: 12-Page Workbook This resource contains two worksheets with answers on using commas in writing to clarify meaning and to avoid ambiguity.
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