THE IMPACT OF EXCHANGE AND INTEREST RATE ON THE NIGERIA ECONOMIC GROWTH

BABA, baba (2019) THE IMPACT OF EXCHANGE AND INTEREST RATE ON THE NIGERIA ECONOMIC GROWTH. Diploma thesis, Godfrey Okoye University.

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Abstract

Exchange rate is the price of one currency in terms of another currency. Exchange rates this exchange rate is also used to determine the level of output growth of the country. Over the years, Nigeria has adopted various exchange rate regime ranging research work is centered on the impact of exchange rate on the Nigeria economic growth with special emphasis on the purchasing power of the average Nigeria and the level of international trade transaction. To do this, the classical linear regression model is applied and the ordinary least square econometric technique is also used to estimate the impact of exchange rate on economic growth. The variables used are GDP and non-oil export as the dependent variables, real exchange rates interest rates, inflation rate and degree of trade openness as the independent variables.

Item Type: Thesis (Diploma)
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Arts > Faculty of Law > Faculty of Management and Social Sciences
Depositing User: Mr Henry Chukwunonso Obijiofor
Date Deposited: 18 Apr 2019 12:47
Last Modified: 15 May 2019 14:55
URI: http://eprints.gouni.edu.ng/id/eprint/1119

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