Exploring oil price – exchange rate nexus for Nigeria
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
Fersiynau electronig
Dangosydd eitem ddigidol (DOI)
This paper investigates the oil price – exchange rate nexus for Nigeria during
the period 2007-2010 using daily data. The generalised autoregressive
conditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH)
models are employed to examine the impact of oil price changes on the
nominal exchange rate .The outcome of this research indicates that a rise in
oil prices leads to a depreciation of the Nigerian Naira vis-à-vis the US dollar
over the study period.
the period 2007-2010 using daily data. The generalised autoregressive
conditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH)
models are employed to examine the impact of oil price changes on the
nominal exchange rate .The outcome of this research indicates that a rise in
oil prices leads to a depreciation of the Nigerian Naira vis-à-vis the US dollar
over the study period.
| Iaith wreiddiol | Saesneg |
|---|---|
| Tudalennau (o-i) | 383-395 |
| Cyfnodolyn | OPEC Energy Review |
| Cyfrol | 36 |
| Rhif y cyfnodolyn | 4 |
| Dynodwyr Gwrthrych Digidol (DOIs) | |
| Statws | Cyhoeddwyd - 3 Rhag 2012 |
| Cyhoeddwyd yn allanol | Ie |