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, as real depreciation played a significant role in influencing Nigeria's trade balance, while real appreciation does not … real depreciation would lead to improvements in Nigeria's trade balance in the long-run. It also indicated that growth in …
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exist no short run causality from exchange rate to trade balance and money supply volatility contributes more to variance in … trade balance than exchange rate volatility. The paper concludes with important implications for policy makers because it …
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This paper examines the link between real exchange rate volatility and domestic investment by using panel data … cointegration techniques. We study the empirical connection between real effective exchange rate volatility and investment for 51 … exchange rate volatility predicts that the effects of exchange rate uncertainty on profits are ambiguous. The empirical results …
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