The Impact Of Interest Rate On The Nigeria Economic Growth

ABSTRACT

 

 

Exchangerate isthe priceofonecurrency intermsofanothercurrency. Exchange ratesthisexchangerateisalsoused todeterminethe level ofoutputgrowth ofthe country.Overtheyears,Nigeriahasadoptedvariousexchange rateregimeranging researchworkiscenteredonthe impactof  exchangerate ontheNigeria economic growthwith specialemphasisonthe purchasingpower oftheaverageNigeriaand thlevel  ointernational  tradtransaction.  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.

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APA

KENECHUKWU, D (2021). The Impact Of Interest Rate On The Nigeria Economic Growth. Afribary. Retrieved from https://afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1

MLA 8th

KENECHUKWU, DIKE "The Impact Of Interest Rate On The Nigeria Economic Growth" Afribary. Afribary, 12 Apr. 2021, https://afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1. Accessed 14 Apr. 2024.

MLA7

KENECHUKWU, DIKE . "The Impact Of Interest Rate On The Nigeria Economic Growth". Afribary, Afribary, 12 Apr. 2021. Web. 14 Apr. 2024. < https://afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1 >.

Chicago

KENECHUKWU, DIKE . "The Impact Of Interest Rate On The Nigeria Economic Growth" Afribary (2021). Accessed April 14, 2024. https://afribary.com/works/the-impact-of-interest-rate-on-the-nigeria-economic-growth-1