International records / OpenAlex research

Asymmetric Effects of Exchange Rate on Trade Flows in Nigeria

Exchange rate plays a crucial role in determining trade flows, especially in developing nations like Nigeria where changes in exchange rates can have a big impact on the price of imports and the competitiveness of exports. Exchange rates have fluctuated often and persistently in the Nigerian economy in recent years, primarily due to changes in policy, global economic shocks, and changes in the price of oil. This study assessed the asymmetric effect of exchange rate on trade flows in Nigeria. Specifically, the study examined the effect of nominal effective exchange rate and real effective excha…