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The Impact of Exchange Rate Fluctuation on the Nigerian Economic Growth: an Empirical Investigation

This research study examined the impact of exchange rate on economic growth from 1986 to 2013.The main type of data used in this study is secondary; sourced from Central Bank of Nigeria Statistical Bulletin of various issues.From 1986 being the year the monetary authority shifted from fixed exchange rate regime to flexible exchange rate regime to 2013.The correlation and regression analysis of the ordinary least square (OLS) were used to analyze the data.The result revealed that exchange rate has positive impact but not significant with (β =0.014, t = 1.783,Pns) this is affirms previous studie…

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