International records / OpenAlex research

Impact Of Monetary Policy Instruments on Net Import in Nigeria (1993-2023)

Nigeria's economic landscape has been characterized by fluctuating trade balances, with net imports playing a pivotal role in influencing economic stability. Despite the implementation of various monetary policy instruments, their effectiveness in managing net imports remains unclear. It is against this backdrop that this paper examined the impact of monetary policy instruments on net imports in Nigeria. The main objective was to assess how various monetary policy channels such as; Money Supply (MS), Interest Rate (INTR), Cash Reserve Ratio (CRR), and Exchange Rate (EXCH) affect Net Import. Th…