Vero RecordArchive

International records / OpenAlex research

Impact of Oil Price Shocks and Exchange Rate Volatility on Stock Market Behavior in Nigeria

The impact of exchange rate and oil prices fluctuation on the stock market has been a subject of hot debate among researchers. This study examined the impact of both the exchange rate volatility and oil price volatility on stock market volatility in Nigeria, so as to guide policy formulation based on the fact that the nation’s economy was foreign induced and mono-cultured with heavy dependence on oil. EGARCH estimation techniques were employed to examine if either the volatility in exchange rate, oil price volatility or both experts on stock market volatility in Nigeria. The result shows that …

Files

  • PDF · 434.7 KB · text indexed, 33,238 characters
    SHA-256 fa05f765893bac4047705de308ae87ee35eee64e79a8b23de287a3828d4f618c
    from http://eprints.lmu.edu.ng/1970/1/Binus%204%20Prof.pdf