Exchange rate fluctuations and manufacturing output: Stylized evidence in Nigeria
Olabisi Rasheedat Oladipo,
Ademola Onabote,
Folakemi Adekanye
et al.
Abstract:One of the key engines of growth in many countries is the manufacturing sector, whose performance is impacted by the movement of the local currency. The manufacturing sector also offers opportunities like increased commerce, innovation, competitiveness, increasing exports, and productivity, which will only be possible when exchange rate is in the form of currency appreciation. The purpose of this study, therefore, was to investigate the effect of exchange rate fluctuations on Nigerian manufacturing output. The… Show more
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