ABSTRACT
The currency of a nation is made to appreciate is this appreciation made at the expense of the foreign market determinant? Or is it as a result of the country’s effort? it is the aim of this research work find out if Nigeria apply foreign exchange rate controls, is the naira appreciation what we attain to achieve. This research work has five chapters. chapter one, contains a general discussion of the foreign exchange rate fluctuating as seen by different people. it went further to state the problem to be studied and why this study was carried out the scope and limitation of the study and finally propositions number of past related literature examined by other studies as it related to the fluctuation of exchange rate on naira, are highlighted in chapter two. chapter three deals with the design of the study, the methods, used in collecting relevant data. it also deals with ways the questionnaires were carried out and treatment of data. The data gotten from the research survey were presented and analyzed in chapter four. Finally the summary of findings, conclusion on the research and recommendations made by the researcher are all in the chapter five. if Nigeria would put recommendations made in the study to use there will be currency steady appreciation with controls applied. Then, the negative effected on our currency by the fluctuating foreign exchange rate will become a thing of the past.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the Study 1
1.2 Statement of the Problem 4
1.3 Objectives of the Study 6
1.4 Research Questions 6
1.5 Significance of the Study 7
1.6 Scope of The Study 8
1.7 Limitation of The Study 8
1.8 Definition of Terms 9
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 An Overview of The Effect Of Foreign
Exchange Rate Fluctuation On Naira 10
2.2 Control Measures 40
2.3 Some Thoughts on the Appropriate Exchange
Rate Regime For Nigeria 46
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Design of The Study 53
3.2 Area of the Study 55
3.3 Population Of The Study 55
3.4 Source of Data 56
3.5 Sampling Method 56
3.6 Research Instrumentation 57
3.7 Validity And Reliability Of Research
Instruments 58
3.8 Method Of Investigation 59
CHAPTER FOUR
1.0 PRESENTATION ANALYSIS
AND INTERPRETATIONS DATA
4.2 Analysis Of Data 61
CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, CONCLUSIONS
AND RECOMMENDATIONS
5.1 Conclusion 71
5.3 Recommendations 72
Bibliography
The currency of a nation is made to appreciate is this appreciation made at the expense of the foreign market determinant? Or is it as a result of the country’s effort? it is the aim of this research work find out if Nigeria apply foreign exchange rate controls, is the naira appreciation what we attain to achieve. This research work has five chapters. chapter one, contains a general discussion of the foreign exchange rate fluctuating as seen by different people. it went further to state the problem to be studied and why this study was carried out the scope and limitation of the study and finally propositions number of past related literature examined by other studies as it related to the fluctuation of exchange rate on naira, are highlighted in chapter two. chapter three deals with the design of the study, the methods, used in collecting relevant data. it also deals with ways the questionnaires were carried out and treatment of data. The data gotten from the research survey were presented and analyzed in chapter four. Finally the summary of findings, conclusion on the research and recommendations made by the researcher are all in the chapter five. if Nigeria would put recommendations made in the study to use there will be currency steady appreciation with controls applied. Then, the negative effected on our currency by the fluctuating foreign exchange rate will become a thing of the past.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the Study 1
1.2 Statement of the Problem 4
1.3 Objectives of the Study 6
1.4 Research Questions 6
1.5 Significance of the Study 7
1.6 Scope of The Study 8
1.7 Limitation of The Study 8
1.8 Definition of Terms 9
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 An Overview of The Effect Of Foreign
Exchange Rate Fluctuation On Naira 10
2.2 Control Measures 40
2.3 Some Thoughts on the Appropriate Exchange
Rate Regime For Nigeria 46
CHAPTER THREE
3.0 RESEARCH METHODOLOGY
3.1 Design of The Study 53
3.2 Area of the Study 55
3.3 Population Of The Study 55
3.4 Source of Data 56
3.5 Sampling Method 56
3.6 Research Instrumentation 57
3.7 Validity And Reliability Of Research
Instruments 58
3.8 Method Of Investigation 59
CHAPTER FOUR
1.0 PRESENTATION ANALYSIS
AND INTERPRETATIONS DATA
4.2 Analysis Of Data 61
CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, CONCLUSIONS
AND RECOMMENDATIONS
5.1 Conclusion 71
5.3 Recommendations 72
Bibliography