Exploring oil price – exchange rate nexus for Nigeria
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
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Yn: OPEC Energy Review, Cyfrol 36, Rhif 4, 03.12.2012, t. 383-395.
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
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TY - JOUR
T1 - Exploring oil price – exchange rate nexus for Nigeria
AU - Suleiman, Hassan
AU - Muhammad, Zahid
AU - Kouhy, Reza
PY - 2012/12/3
Y1 - 2012/12/3
N2 - This paper investigates the oil price – exchange rate nexus for Nigeria duringthe period 2007-2010 using daily data. The generalised autoregressiveconditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH)models are employed to examine the impact of oil price changes on thenominal exchange rate .The outcome of this research indicates that a rise inoil prices leads to a depreciation of the Nigerian Naira vis-à-vis the US dollarover the study period.
AB - This paper investigates the oil price – exchange rate nexus for Nigeria duringthe period 2007-2010 using daily data. The generalised autoregressiveconditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH)models are employed to examine the impact of oil price changes on thenominal exchange rate .The outcome of this research indicates that a rise inoil prices leads to a depreciation of the Nigerian Naira vis-à-vis the US dollarover the study period.
U2 - 10.1111/j.1753-0237.2012.00219.x
DO - 10.1111/j.1753-0237.2012.00219.x
M3 - Article
VL - 36
SP - 383
EP - 395
JO - OPEC Energy Review
JF - OPEC Energy Review
IS - 4
ER -