Inflation and exchange rate in nigeria

Prior to the foreign exchange rate influence on the Nigeria stock market, there is urgent need for the regulatory authories to make policies that will minimize volatility, by keeping interest rates low which will help in stabilizing exchange rate and managing inflation within the single digit range. Nigeria: Central Bank keeps policy rate stable in January but hikes cash reserve ratio to curb liquidity January 24, 2020 At its first meeting of the year on 23–24 January, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to hold its monetary policy rate unchanged, as had been broadly expected by analysts.

Interest Rate, Inflation Rate and Exchange Rate Influence on the Nigerian Stock Market Index. DE Amadasu. Abstract. There is need to know what influence the  27 Mar 2019 rate for the first time in 3-1/2 years, noting "with great satisfaction" the continued decline in inflation, the stability of the naira's exchange rate,  25 Oct 2019 This study focused on the effect of interest rates, exchange rate and inflation rates on stock market return volatility in Nigeria. The choice of the  29 Mar 2018 Apart from other internal factors, the reason for rising inflation in Nigeria can be attributed to volatility in oil prices and exchange rates. Port Harcourt, Nigeria. This paper uses a trivariate VAR model to examine the impact of inflation and exchange rate on stock prices in Nigeria. Monthly data in  In the model, real GDP (RGDP) was used as the proxy for economic growth while Inflation rate (IF), Exchange rate (EXC), Interest rate (INT) and Money 

19 Jan 2018 Depreciation of the naira has a role to play in Nigeria's recent inflationary process . Concomitant with this is the substantial budget deficit 

6 Dec 2015 Nigeria wants to have high oil prices and spend without saving. It also wants to keep its exchange rate 'stable' even when revenues have  9 Feb 2018 Here in Nigeria inflation runs on average about 12% per annum for 10 is called exchange rate, pass through mechanism, given Nigeria's  1 Jun 2012 However, the impact of exchange rates on output in The Gambia, Ghana,. Guinea and Nigeria though positive, remained weak, which may be  The inflation rate for consumer prices in Nigeria moved over the past 40 years between 5.4% and 72.8%. For 2019, an inflation rate of 11.4% was calculated. The annual inflation rate in Nigeria increased to 11.37 percent in April 2019 from 11.25 percent in the prior month. It is the highest inflation rate since January, amid a surge in food prices. Nigeria's annual inflation rate edged down to 11.25 percent in March 2019 from 11.31 percent in the previous month.

This study examined the effect of exchange rate on inflation in Nigeria using annual data from 1970 to. 2014, obtained from the Central Bank of Nigeria. This is 

With 1 percent increase in money supply, inflation will increase by 152 percent. Also, with a 1 percent change in exchange rate and interest rate; inflation got 

The inflation rate for consumer prices in Nigeria moved over the past 40 years between 5.4% and 72.8%. For 2019, an inflation rate of 11.4% was calculated.

THE EFFECT OF INFLATION AND INTEREST RATE ON ECONOMIC GROWTH OF NIGERIA ABSTRACT. The gross Domestic product Growth is a long term rise in the capacity to supply increasingly diverse economic goods o its population. The Nigerian Naira is expected to trade at 306.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 306.00 in 12 months time. the resulting inflation rate for the CPI in one year is 8.33 percent, meaning that the general price level for typical Nigerian consumers rose by 8.33 percent. Hence persistent increase in general price level, means that each unit of the currency (Naira) will buy fewer goods and services. OUTPUT, INFLATION, AND EXCHANGE RATE IN DEVELOPING COUNTRIES: AN APPLICATION TO NIGERIA A. F. ODUSOLA A. E. AKINLO I. INTRODUCTION U NDERSTANDING the sources of fluctuations in output and inflation is an im portant challenge to empirical macroeconomists. It is an issue taken up in The rate of inflation in a country can have a major impact on the value of the country's currency and the rates of foreign exchange it has with the currencies of other nations. However, inflation

growth of the Nigerian economy become imperative and the dynamics of inflation became central to „„Exchange Rate Pass-Through to Inflation in Nigeria‟‟.

26 Sep 2019 Abstract This paper empirically examines the impact of exchange rate volatility on inflation in Nigeria using annual time series data from 1986  Interest Rate, Inflation Rate and Exchange Rate Influence on the Nigerian Stock Market Index. DE Amadasu. Abstract. There is need to know what influence the  27 Mar 2019 rate for the first time in 3-1/2 years, noting "with great satisfaction" the continued decline in inflation, the stability of the naira's exchange rate,  25 Oct 2019 This study focused on the effect of interest rates, exchange rate and inflation rates on stock market return volatility in Nigeria. The choice of the  29 Mar 2018 Apart from other internal factors, the reason for rising inflation in Nigeria can be attributed to volatility in oil prices and exchange rates. Port Harcourt, Nigeria. This paper uses a trivariate VAR model to examine the impact of inflation and exchange rate on stock prices in Nigeria. Monthly data in  In the model, real GDP (RGDP) was used as the proxy for economic growth while Inflation rate (IF), Exchange rate (EXC), Interest rate (INT) and Money 

18 Feb 2019 This study examines the relationship between exchange rate volatility and inflation in Nigeria Specifically it sought to: explore the influence of  2 Jan 2018 exchange rate pass-through. Omotor (2008) tests for the effects of exchange rate variation on consumer price inflation in Nigeria for the. 28 Oct 2016 inflation and exchange rate in Nigeria using monthly data of the All Share Price Index from the Nigeria Stock. Exchange, Nigeria Consumers  6 Dec 2015 Nigeria wants to have high oil prices and spend without saving. It also wants to keep its exchange rate 'stable' even when revenues have  9 Feb 2018 Here in Nigeria inflation runs on average about 12% per annum for 10 is called exchange rate, pass through mechanism, given Nigeria's  1 Jun 2012 However, the impact of exchange rates on output in The Gambia, Ghana,. Guinea and Nigeria though positive, remained weak, which may be