Exchange Rate and Stock Price Links in Nigeria
Publication Information

Published by: Admin

Published: 2 years ago

View: 2

Pages: 20

ISBN:

Read Online Book icon Download PDF (EN) PDF icon

Abstract

This study examines the impacts of exchange rate on stock prices in Nigeria using the Vector error correction model (VECM), and granger causality approaches for the period between 1980 and 2018. The magnitude of the estimated coefficients shows that the exchange rate has a significant but negative impact on stock prices.

Related Publications

publication icon
VOLUME 4 ISSUE 2 2021
Political Regime and Stock Market Performance
time 2 years ago

The extent of stock market performance cannot be d

publication icon
VOLUME 4 ISSUE 2 2021
Exchange Rate and Stock Price Links in Nigeria
time 2 years ago

This study examines the impacts of exchange rate o

publication icon
VOLUME 4 ISSUE 2 2021
Credit Flows in Business and Credit Ratios: Sectorial Distribution and Economic Growth in Nigeria
time 2 years ago

The study was motivated to examine sectoral commer

Get a Loan

MSME Financial Institution