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Determinants of Exchange Rate in Nigeria: A Comparison of the Official and Parallel Market Rates

The need to understand what drives exchange rates is now very crucial, an understanding of its determinants particularly in a developing nation like Nigeria would indeed aid in policy decisions of the sovereign monetary authorities. The study examines the determinants of exchange rate in Nigeria comparing the official exchange rates and the parallel market rates from the post SAP era of 1986 to 2017 using quarterly time series data. The potential determinants of the exchange rate was identified resting on existing literature viz ; GDP, inflation, interest rates, imports, oil exports, non-oil e…

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	The Economics and Finance Letters
Date	2019-01-01
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.18488/journal.29.2019.62.178.188
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W2987234310`

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Determinants of Exchange Rate in Nigeria: A Comparison of the Official and Parallel Market Rates. OpenAlex research, 2019. Vero Archive, record openalex:W2987234310.