Impact Of Exchange Rate Fluctuation On The Economic Growth In Nigeria :- Okocha, Peter C

ABSTRACT

This study examines the impact exchange fluctuation on economic growth in Nigeria between 1981- 2018 using a descriptive approach. Particularly, the study emphasizes the impacts of exchange rate volatility on export demand in the country. The choice of this period is underscored by the fact that the starting date predates the era of the structural adjustment program (SAP) which is often described as the good days where agricultural and non-oil exports tremendously increased. Again, this dale coincides with period when the external trade and exchange rate were indeed liberalized. Findings from descriptive analysis show that despite the policy pronouncements in the period covered. exchange rate volatility greatly affected export performance in Nigeria, in particular, the volume of export demand. The study recommends a deliberate exchange rate policy action that will have good implication for export growth in Nigeria Keywords: Exchange Rate, Total Export, Nigeria, Descriptive Approach, Demand