Guided deregulation as currently practised in Nigeria implies that
Answer Details
Guided deregulation as currently practiced in Nigeria implies that market forces and government determine interest and exchange rates. This means that while the market forces have some degree of control over the rates, the government still has some level of regulation to ensure that they do not go beyond certain limits that could negatively impact the economy. Therefore, it is a combination of market forces and government control that determine interest and exchange rates.