Nigeria's Economy Faces Major Impact from Exchange Rate Volatility Study
The article investigates what causes the exchange rate in Nigeria to change a lot. The researchers looked at data from 1981 to 2008 and found that factors like how open the economy is, government spending, interest rates, and past exchange rates all play a big role in how much the exchange rate changes. They suggest that the government should make policies to reduce how much the exchange rate changes, and keep an eye on important economic factors that affect it.