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Browsing Thesis and Dissertations by Author "Dalong, Manasseh Ayuba"
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Item Open Access ANALYSIS OF IMPACT OF EXCHANGE RATE POLICIES ON MACROECONOMIC PERFORMANCES IN NIGERIA: 1986 - 2017(Department Of Economics, Nasarawa State University, Keffi, 2019-01-01) Dalong, Manasseh AyubaThis study examines the impact of exchange rate policy in Nigeria for the period 19H6 to 2017. In order to achieve the study objectives, secondary data were gathered from the publications of CBN. FBS. World study report and other text hooks. The objective is to determine the precise relationship between exchange rate and other macroeconomic variables such as Balance of Payment (BOP), inflation. Gross Domestic Product (GDP) and its decomposition (Agriculture, industry and Service output). Ordinary Least Square regression method was used. The result of the regression shows that GDP has a negative relationship with exchange rate in Nigeria. The result shows that Naira rates depreciates during inflation and if well managed can lead to a surplus in BOP To increase sectorial output, the result reveals that appreciation policy of exchange rate can be used. Therefore, to obtain a sustainable growth and development. appropriate exchange rate policies should be used to control its effect on other macroeconomic variables and as when due.