The effect of fluctuating foreign exchange rate on Nigeria currency (a case study of Central bank of Nigeria, Enugu Branch)

ABSTRACT
The currency of a nation is made to appreciate is this appreciation made at the expense of the foreign market determinant?  Or is it as a result of the country’s effort? it is the aim of this research work find out if Nigeria apply foreign exchange rate controls, is the naira appreciation what we  attain to achieve. This research work has five chapters. chapter one, contains a general discussion of the foreign exchange rate fluctuating  as seen by different people. it went further to state the problem to be studied and why this study was carried out the scope and limitation of the study and finally propositions number of past related literature examined by other studies as it related to the fluctuation of exchange rate on naira, are highlighted in chapter two. chapter three deals with the design of the study, the methods, used in collecting relevant data. it also deals with ways the questionnaires were carried out and treatment of data. The data gotten from the research survey were presented and analyzed  in chapter four. Finally the summary of findings, conclusion on the research and recommendations made by the researcher are all in the chapter five. if Nigeria would put recommendations made in the study to use there will be currency steady appreciation with  controls applied. Then, the negative effected on our currency by the fluctuating foreign exchange rate will become a thing of the past.     




TABLE OF CONTENTS
Title page                             i   
Approval page                            ii
Dedication                             iii
Acknowledgment                         iv
Abstract                                v
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the Study                  1
1.2 Statement of  the Problem                4
1.3 Objectives of  the Study                6
1.4 Research Questions                    6
1.5 Significance of  the Study                 7
1.6 Scope of The Study                     8
1.7 Limitation of The Study                  8
1.8 Definition of Terms                         9
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 An Overview of The Effect Of Foreign
     Exchange Rate Fluctuation On Naira             10
2.2 Control Measures                           40
2.3 Some Thoughts on the Appropriate Exchange
     Rate Regime For Nigeria                      46
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Design of The Study                        53
3.2 Area of the Study                         55
3.3 Population Of The Study                      55
3.4 Source of Data                             56
3.5 Sampling Method                        56
3.6 Research Instrumentation             57
3.7 Validity And Reliability Of Research
      Instruments                             58
3.8 Method Of Investigation                     59
CHAPTER FOUR
1.0    PRESENTATION ANALYSIS
AND INTERPRETATIONS DATA
4.2 Analysis Of Data                            61
CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, CONCLUSIONS
AND RECOMMENDATIONS
5.1 Conclusion                                 71
5.3   Recommendations                         72
Bibliography