The study investigates the relationship between oil price, trade openness, current account balances and official exchange rate in Nigeria using secondary data from 1980 through 2016. The non﹍inear auto‐regressive distributed lag (NARDL) was used to analyse the short‐run and long‐run link ...
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook OER (redirected fromOfficial Exchange Rate) Financial Category filter: AcronymDefinition OEROpen Educational Resources OEROfficial Exchange Rate OEROxygen-Evolution Reaction(energy) ...
Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). ...
Naira Dollar exchange rates, Daily Parallel Black Market & CBN Official rates currency conversion, Bitcoin Daily updated naira dollar exchange rates, euro and pounds. Currency conversion rates, parallel market and black market. Forex in Nigeria. CBN inte
In this market the exchange rate is determined by demand and supply and is usually higher than the official rate (although there are cases of a lower parallel rate). Certainly, the size of this market varies from country to country and depends on the type of exchange and trade restrictions ...
Nigeria's external debt rises to US$6.67b The troubled European economies and their sympathizers will demand more emphasis on growth, lower interest rates on their official debts and more transfers. Now is the time for radical reductions in the rates charged by official creditors to European sove...
Foreign Capital Inflows and Economic growth in Sub-Saharan Africa: A Study of Selected Countries The impact of foreign capital inflows on the economic growth of SSA, with emphasis on Nigeria, Ghana and South Africa was studied using multiple regression technique. Outcome of the study revealed that...
In state schools the traditional mode of CP had been the strap across the hands, after the manner of historic Scottish practice except that, at any rate in modern times, the strap used was generally of a rubber/canvas mixture rather than of leather. See these pictures. It was ...
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