Effect of Exchange rate fluctuations on the Nigeria Economy: ECM Analysis

Nwankwo, S.N.P (2023) Effect of Exchange rate fluctuations on the Nigeria Economy: ECM Analysis. GOUni Journal of Faculty of Management and Social Sciences, 11 (1). pp. 65-75. ISSN 2550-7265

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Abstract

The study investigated the effect of exchange rate fluctuations on the Nigerian economy for the period 1986-2021 employing Error correction model. Annual time series data was used and the study specifically sought to, determine the effect of Monetary Policy Rate instability on the Nigerian Economy, ascertain the impact of Interest Rate instability on the Nigerian Economy, determine the causal relationship between Inflation Rate instability and the Nigerian Economy. Gross Domestic Product is the dependent variable of this study, while inflation rate, interest rate monetary policy rate are the independent variables.

Item Type: Article
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 31 Jan 2024 10:02
Last Modified: 31 Jan 2024 10:02
URI: http://eprints.gouni.edu.ng/id/eprint/4226

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