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Analysis of Exchange Rate and Interest Rate Policy Instruments’ Dynamics on Agricultural Growth in Nigeria

This research analyzed the dynamics of exchange rate and interest rate policy instruments on agricultural growth in Nigeria for the period 1980-2018. Specifically the study examined the causal relationship between exchange rate and agricultural growth; analyzed the instantaneous and compound growth rate of exchange rate, interest rate and agricultural growth. and examined the impact of exchange rate and interest rate policy instrument on agricultural growth. Data were obtained from Central Bank of Nigeria (CBN) Statistics Data Base; and Food and Agriculture Organization Statistical data (FAOST…

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