ABSTRACT
Exchangerate isthe priceofonecurrency intermsofanothercurrency. Exchange ratesthisexchangerateisalsoused todeterminethe level ofoutputgrowth ofthe country.Overtheyears,Nigeriahasadoptedvariousexchange rateregimeranging researchworkiscenteredonthe impactof exchangerate ontheNigeria economic growthwith specialemphasisonthe purchasingpower oftheaverageNigeriaand the level of international trade transaction. Todo this, the classical linear regressionmodelisappliedandthe ordinary leastsquareeconometrictechnique is alsousedtoestimatethe impactofexchangerate oneconomicgrowth.The variables used are GDP and non-oil export as the dependent variables, real exchangeratesinterestrates, inflationrateand degreeof trade opennessas the independentvariables.
KENECHUKWU, D (2021). The Impact Of Interest Rate On The Nigeria Economic Growth. Afribary. Retrieved from https://track.afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1
KENECHUKWU, DIKE "The Impact Of Interest Rate On The Nigeria Economic Growth" Afribary. Afribary, 12 Apr. 2021, https://track.afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1. Accessed 25 Nov. 2024.
KENECHUKWU, DIKE . "The Impact Of Interest Rate On The Nigeria Economic Growth". Afribary, Afribary, 12 Apr. 2021. Web. 25 Nov. 2024. < https://track.afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1 >.
KENECHUKWU, DIKE . "The Impact Of Interest Rate On The Nigeria Economic Growth" Afribary (2021). Accessed November 25, 2024. https://track.afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1