THE IMPACT OF EXCHANGE RATE FLUCTUATION ON THE NIGERIA ECONOMIC GROWTH (1993 – 2023)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
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.
Related Project Materials
INFLUENCE OF INSTAGRAM ADVERTISEMENT ON THE SALES AND PATRONAGE OF ANKARA WEARS
Background of the study
When it comes to designing fresh advertisements, marketers have always reacted...
THE EFFECTS OF EARLY CHILDHOOD YOGA PROGRAMS ON PHYSICAL AND MENTAL HEALTH
ABSTRACT: The effects of early childhood yoga programs on physical and men...
A STUDY INTO THE INFLUENCE OF FIELD STUDY ON ACADEMIC PERFORMANCE OF GEOGRAPHY STUDENTS (Case study of Geography Department, UNIBEN)
ABSTRACT
This study was carried out to investigate a study into the influence of field study on academic performance of...
THE ROLE OF CLOUD COMPUTING IN DIGITAL TRANSFORMATION
THE ROLE OF CLOUD COMPUTING IN DIGITAL TRANSFORMATION
The study aims to: (1) investigate the role of cloud computing in facilitating digi...
IDENTIFICATION AND ANTIBIOTIC SUSCEPTIBILITY PROFILE OF METHICILLIN AND ERYTHROMYCIN RESISTANT Staphylococcus aureus FROM CLINICAL AND ENVIRONMENTAL SAMPLES IN MINNA, NIGERIA
ABSTRACT
Methicillin resistance in Staphylococcus aureus (MRSA) is progressively increasing globally and has become a global health conce...
THE IMPACT OF CULTURAL FIT IN RECRUITMENT DECISIONS
Abstract : THE IMPACT OF CULTURAL FIT IN RECRUITMENT DECISIONS
This study examines the impact of cultural fit in recruitment decisions, f...
CAREER READINESS OF THE OFFICE TECHNOLOGY AND MANAGEMENT STUDENTS
ABSTRACT
This study seeks to assess the career readiness of Office Technology&nb...
RELATIONSHIP AMONG EXTROVERSION, INTROVERSION AND ACADEMIC PERFORMANCE OF SENIOR SECONDARY SCHOOL STUDENTS IN SABON GARI LOCAL GOVERNMENT AREA, KADUNA STATE, NIGERIA
ABSTRACT
The study determined the relationship among extroversion, introversion and academic performance of senior secondary school stude...
IMPACT OF MOTOR DEVELOPMENT IN CHILDREN WITH CEREBRAL PALSY ON THE QUALITY OF LIFE AND GENERAL HEALTH STATUS OF CAREGIVERS
ABSTRACT
Cerebral Palsy (CP) is a neuropaediatric condition which occurs as a result of damage to an immature brain resulting in abnormal...
EVALUATION OF CONSTRAINTS IN THE TRAINING AND EDUCATION OF LIBRARY AND INFORMATION SCIENCE STUDENTS IN NIGERIA
BACKGROUND OF STUDY
Training and education in library and information science (LIS) play a vita...
