External Reserves And Exchange Rate Behaviour In Nigeria: An Empirical Investigation 1981-2009

91 pages Chapters 5 ID: BFN0900

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DepartmentBanking and Finance
TypeProject
Pages91
Chapters5
MethodologyOrdinary Least Squares
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN0900

Abstract

ABSTRACT     This study examines the effect of exchange rate on external reserve using Nigerian macroeconomic data. We employed the Ordinary Least Square (OLS) regression technique.     We discovered from our research that inflation is negatively related to external reserve behavior in Nigeria, but its impact is statistically insignificant. The findings from this empirical study reveal that external reserve significantly affects exchange rate behavior in Nigeria.   TABLE OF CONTENTCHAPTER ONE: INTRODUCTION1.1    Background of the Study &nb…

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Pages91
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