Iyoboyi, Martins; Muftau, Olarinde - In: Cogent economics & finance 2 (2014) 1, pp. 1-23
The paper investigates the impact of exchange rate depreciation on the balance of payments (BOP) in Nigeria over the … variance decomposition indicate that a significant variation in Nigeria's BOP is not due to changes in exchange rate movements …. The policy implication is that exchange rate depreciation which has been preponderant in Nigeria since the mid-1980s has …