Download Tag: PERSISTENT DEPRECIATION

ABSTRACT This study titled analysis of the persistent depreciation of the naira in the foreign exchange market: causes, effects and solutions. Captures the performance of Nigeria economy in the face of the continuous depreciation of the naira. The major objective of the study is to determine the effects of the depreciation on Nigeria growth. The data to be used for this work is the secondary source of data due to ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Foreign exchange is the means of payment for international transactions and it is made up of convertible currencies that are generally acceptable for the settlement of international trade and other external obugations.  The foreign exchange market is an arrangement or medium of interaction between the sellers and buyers of foreign exchange in a bid to negotiate a mutually acceptable price for the settlement ...