Federal finance and statistics / Central Bank of Nigeria

EFR Vol. 57 No.2, 2019 Article: The Sensitivity of Sector Stock Returns to Exchange Rate Risks in Nigeria

This study adopts the capital market approach in investigating the effects of exchange rate exposure on stock returns in Nigeria, using monthly data spanning 2009 to 2018. The findings show that three sector stock returns, namely the NSE30, pension and banking indices, were significantly vulnerable to nominal effective exchange rate and bilateral exchange rates shocks | Keywords: Exchange Rate Exposure, Sector Stock Returns, Nominal Effective Exchange Rate, Bilateral Exchange Rate, Capital Market

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Source	Central Bank of Nigeria
Collection	Federal finance and statistics
Kind	Document
Publisher	Central Bank of Nigeria
Date	2019-06-30
Type	document
Found at	https://www.cbn.gov.ng/api/GetAllDocuments
Archived copy	Look it up in the Wayback Machine
Record ID	`cbn:cbn:b24072cb2642f29d`

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EFR Vol. 57 No.2, 2019 Article: The Sensitivity of Sector Stock Returns to Exchange Rate Risks in Nigeria. Central Bank of Nigeria, 2019. Vero Archive, record cbn:cbn:b24072cb2642f29d.