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THE IMPACT OF EXCHANGE RATE, VARIATION ON BALANCE OF PAYMENT

ABSTRACT This study, was carried out to ascertain the effect of exchange rate variation on balance of payment in Nigeria from (1979 – 2008) exchange rate and interest rate used as a proxy for the balance of payment in Nigeria. Policy makers and some researcher s argued on exchange rate variations having a significant factor. Some have found negative, positive, significant and insignificant result on the impact of exchange rate ...

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