NAIRA EXCHANGE RATE DEPRECIATION AND DOMESTIC INFLATION IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The naira exchange rate depreciation coupled with persist increase in the inflationary rate has been a major bane on economy of Nigeria. To a layman inflation is a phenomena to embrace as his income increases daily without knowing the harmful side of such an increase. Whether there is anything like depreciation or an improvement in the exchange or whether is income is ...
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