IDEAS home Printed from https://ideas.repec.org/p/ags/undpae/307341.html
   My bibliography  Save this paper

Economics of Exchange Rate Management

Author

Listed:
  • Odusola, Ayodele

Abstract

The main objective of this paper therefore is to examine the economics of exchange rate management. To address the main focus of this paper therefore, it is structured into five main parts. Following the introduction is section two which examines the conceptual issues in exchange rate management. In the third section, types of exchange rate regimes are examined while s e c t i o n f o u r c o n t a i n s the significance of exchange rate management. Exchange rate management questions are reviewed in section five. Section six draws relevant lessons and concludes the paper.

Suggested Citation

  • Odusola, Ayodele, 2006. "Economics of Exchange Rate Management," UNDP Africa Economists Working Papers 307341, United Nations Development Programme (UNDP).
    • Handle: RePEc:ags:undpae:307341
    DOI: 10.22004/ag.econ.307341
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/307341/files/Economics%20of%20Exchange%20Rate%20Management.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.307341?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. A. E. Akinlo & A. F. Odusola, 2003. "Assessing the impact of Nigeria's naira depreciation on output and inflation," Applied Economics, Taylor & Francis Journals, vol. 35(6), pages 691-703.
    2. Kassey Odubogun, 1995. "Institutional reforms and the management of exchange rate policy in Nigeria," Working Papers 36, African Economic Research Consortium, Research Department.
    3. Adubi, A.A. & Okunmadewa, F., 1999. "Price, Exchange Rate Volatility and Nigeria's Agricultural Trade Flows: a Dynamic Analysis," Papers 87, African Economic Research Consortium.
    4. Odubogun, K., 1995. "Institutional Reforms and the Management of Exchange Rate Policy in Nigeria," Papers 36, African Economic Research Consortium.
    5. ODUSOLA, Ayodele & AKINLO, Anthony, 2001. "Output, Inflation, And Exchange Rate In Developing Countries: An Application To Nigeria," UNDP Africa Economists Working Papers 307343, United Nations Development Programme (UNDP).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Penu, Samuel Lucky & Nkanbia-Davies, Lilian Okorite, 2017. "Implications of Exchange Rate Fluctuation and Economic Performance: The Nigerian Experience," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 3(10), pages 206-217, 10-2017.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Perekunah. B. Eregha, 2022. "Asymmetric response of cpi inflation to exchange rates in oil-dependent developing economy: the case of Nigeria," Economic Change and Restructuring, Springer, vol. 55(2), pages 1091-1108, May.
    2. Azam, Jean-Paul, 1999. "Dollars for Sale: Exchange Rate Policy and Inflation in Africa," World Development, Elsevier, vol. 27(10), pages 1843-1859, October.
    3. Odusola, Ayodele & Abidoye, Babatunde, 2015. "Effects of Temperature and Rainfall Shocks on Economic Growth in Africa," UNDP Africa Research Discussion Papers 267028, United Nations Development Programme (UNDP).
    4. Ashok Babubudjnauth & Boopen Seetanah, 2021. "An empirical analysis of the impacts of real exchange rate on GDP, manufacturing output and services sector in Mauritius," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 1657-1669, April.
    5. Hakan Berument & Nildag Basak Ceylan & Bengisu Vural, 2006. "The effects of Japanese economic performance on Indonesia," Applied Economics Letters, Taylor & Francis Journals, vol. 13(8), pages 499-502.
    6. Fakhri, Hasanov, 2010. "The Impact of Real Effective Exchange Rate on the Non-oil Export: The Case of Azerbaijan," MPRA Paper 29556, University Library of Munich, Germany.
    7. Ugwu Ephraim & Amassoma Ditimi & Ehinomen Christopher, 2021. "Investigating Exchange Rate Pass-through to Consumer Prices in Nigeria," Folia Oeconomica Stetinensia, Sciendo, vol. 21(1), pages 105-121, June.
    8. Udo Ginikachi Cynthia & Nwezeaku Nathaniel Chinedum & Kanu Success Ikechi, 2021. "Effects of Capital Market Development on the Economic Growth of Nigeria," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(2), pages 30-46, June.
    9. Obudah, Bodiseowei C. & Tombofa, Steve S., 2014. "The Impact of Exchange Rate Movements on Trade Balance in Nigeria’s Open-Economy - L’impatto delle variazioni dei tassi di cambio sulla bilancia commerciale della Nigeria," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 67(1), pages 111-125.
    10. Mkpado, Maduabuchi & Arene, Chukwuemeka John, 2012. "Trade Liberalization, Exchange Rate Changes, and the Competitiveness of Carbohydrate Staple Markets in Nigeria," International Journal of Agricultural Management and Development (IJAMAD), Iranian Association of Agricultural Economics, vol. 2(2), pages 1-16, June.
    11. Asuamah Yeboah, Samuel, 2017. "Modelling the effect of exchange rate on inflation in Ghana," MPRA Paper 99395, University Library of Munich, Germany.
    12. Oyerinde Adewale Atanda, 2019. "An Assessment of the Nexus Between Government Expenditure and Inflation in Nigeria," Folia Oeconomica Stetinensia, Sciendo, vol. 19(2), pages 102-116, December.
    13. J. O. Olusi & M. A. Olagunju, 2005. "The Primary Sectors of the Economy and the Dutch Disease in Nigeria," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 44(2), pages 159-175.
    14. Mohammed Anono ZUBAIR & Samuel Olorunfemi ADAMS & Kosarahchi Sarah ANIAGOLU, 2021. "Economic Impact of Some Determinant Factors of Nigerian Inflation Rate," Journal of Economics and Financial Analysis, Tripal Publishing House, vol. 5(2), pages 23-41.
    15. Saibu M O, 2011. "Sectoral Output Responses to Trade Openness, Oil Price and Policy Shocks in Nigeria: A CVAR Approach," Journal of Social and Development Sciences, AMH International, vol. 1(2), pages 48-59.
    16. Adeola F. Adenikinju & Olugboyega Oyeranti, 1999. "Characteristics and Behaviour of African Factor Markets and Market Institutions and Their Consequences for Economic Growth," CID Working Papers 31A, Center for International Development at Harvard University.
    17. Mustapha A. Akinkunmi, 2017. "Rebound Effects of Exchange Rate and Central Bank Interventions in Selected ECOWAS Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 489-500.
    18. Paul Alagidede & George Tweneboah & Anokye M. Adam, 2008. "Nominal Exchange Rates and Price Convergence in the West African Monetary Zone," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 7(3), pages 181-198, December.
    19. nnamdi, Kelechi & ifionu, Ebele, 2013. "Exchange rate volatility and exchange rate uncertainty in Nigeria: a financial econometric analysis (1970- 2012)," MPRA Paper 48316, University Library of Munich, Germany, revised 2013.
    20. Nyoni, Thabani, 2018. "Modeling and Forecasting Naira / USD Exchange Rate In Nigeria: a Box - Jenkins ARIMA approach," MPRA Paper 88622, University Library of Munich, Germany, revised 19 Aug 2018.

    More about this item

    Keywords

    International Development;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:undpae:307341. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.africa.undp.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.