International records / OpenAlex research
Asymmetric Effect of Exchange Rate Volatility on Foreign Direct Investment, Inflation and Balance of Trade in Nigeria
This research empirically investigated asymmetric effect for volatility of currency rate exchange on foreign direct investment, inflation and Balance of Trade in Nigeria. Quarterly data on the volatility of currency rate exchange, foreign direct investment and inflation (proxied by CPI) and balance of trade as the dependent variables from 1995 to 2022 are derived through the Central Bank Nigeria (CBN) statistical bulletin, Nonlinear Autoregressive Distributed Lag (NARDL) modelling pattern as technique of analysis. Findings from the empirical analysis indicated that the asymmetric effect showed…
