Home » Computer Science » Impact of exchange rate fluctuation on the Nigeria economic growth

Impact of exchange rate fluctuation on the Nigeria economic growth

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 97 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 4,919 times

Delivery: Within 24 hours

Impact of exchange rate fluctuation on the Nigeria economic growth

ABSTRACT


This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of goods and services among trading partners will be faced with a lot of problems, which may virtually narrow it down to trade by barter.

 This exchange also is used to determine the level of output growth of the country. Hence, the rate at which exchange fluctuates calls for a lot of attention. However, with already existing exchange rate policies, a constant exchange rate has not been attained. The rate by which exchange rate fluctuates brings about uncertainty in the trade transaction, and also the rate of naira has been unleashed and continues to depreciate. This has resulted to declines in standard of living of the population increase in costs of production (this is because most of the raw materials needed by industries are usually imported), which resulted in cost-push inflation. We made use of many tests, like the t-statistics table, f-statistic table and the chi-square etc. When we found out real exchange rate has a positive effect on the GDP

This material content is developed to serve as a GUIDE for students to conduct academic research



Delivery: Within 24 hours

Advertise Here

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?


Comment on Facebook: