International records / OpenAlex research

Effect of Foreign Exchange Rate Fluctuations on Nigerian Economy

This study investigated the effect of exchange rate fluctuations on Nigerian economy.The fixed and floating exchange eras were compared to know the exchange rate system in which the economy has fairly better.The time period covered was 2012 study employed the ordinary least square (OLS) multiple regression technique for the analysis.The coefficient of determination (R2), F-test, t Durbin-Watson were used in the interpretation of the results.The resulted revealed that about 85 changes in macroeconomic indicators are explained in the fixed exchange era.In the floating exchange era, 99% was expla…