EXCHANGE RATE DETERMINATION AND THE NIGERIAN ECONOMY

  • Type: Project
  • Department: Economics
  • Project ID: ECO0879
  • Access Fee: ₦5,000 ($14)
  • Pages: 62 Pages
  • Format: Microsoft Word
  • Views: 188
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

This research work is an empirical attempt to examine determinants of exchange rate in Nigeria with annual data from 1980 to 2016. The main type of data used in this study is secondary sourced from central bank of Nigeria statistical bulletin. For this purpose, annual figures of interest rate, inflation rate, balance of payments and gross domestic product were regressed on exchange rate in a framework of multiple regression models; ordinary least square technique at estimation were employed. The evidence from the result revealed that interest rate and real gross domestic product are positive and they have significant impact on exchange rate whereas Inflation rate and balance of payment and are negative and have no significant impact on exchange rate. The work recommends that the government should encourage export promotion and discourage import in order to increasethe gross domestic productand also effective fiscal and monetary policies should be adopted in order to reduce and maintain a single digit interest rate figure.

EXCHANGE RATE DETERMINATION AND THE NIGERIAN ECONOMY
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Economics
  • Project ID: ECO0879
  • Access Fee: ₦5,000 ($14)
  • Pages: 62 Pages
  • Format: Microsoft Word
  • Views: 188
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Economics
    Project ID ECO0879
    Fee ₦5,000 ($14)
    No of Pages 62 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT The study empirically investigates the effect of exchange rate on the Nigerian economy. In Nigeria, the role of exchange rate in the economy is very well documented. Using annual time series data covering a period of twenty six years (1986 to 2011), the Ordinary Least Squared... Continue Reading
    ABSTRACT The decline of non-oil exports has had adverse effect on the economy. Since 1986, the federal government has formulated policies to enhance non-oil exports, put in place incentives and institutional support framework effective implementation. This paper examines these policies to investigate the extent to which the exchange rate can boost... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting factors that has contributed immensely in the development of the economic. Based on the data collected and tested hypothesis using the... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting factors that has contributed immensely in the development of the economic. Based on the data collected and tested hypothesis using the... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting factors that has contributed immensely in the development of the economic. Based on the data collected and tested hypothesis using the... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting factors that has contributed immensely in the development of the economic. Based on the data collected and tested hypothesis using the... Continue Reading
    ABSTRACT This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting... Continue Reading
    CHAPTER ONE INTRODUCTION 1.0  BACKGROUND OF THE STUDY Foreign exchange is the means of payment for international transaction. It is made up of convertible currencies that are generally accepted for the settlement of international trade and other external obligation. Just like every other commodity, a market is established which works more like... Continue Reading
    THE EFFECT OF EXCHANGE RATE FLUCTUATIONS ON THE NIGERIA ECONOMY  CHAPTER ONE INTRODUCTION 1.0   BACKGROUND OF THE STUDY Foreign exchange is the means of payment for international transaction. It is made up of convertible currencies that are generally accepted for the settlement of international trade and other external obligation. Just like... Continue Reading
    Call Us
    whatsappWhatsApp Us