Thesis Abstract

The abstract for the research project on "The effect of fluctuating foreign exchange rate on Nigeria currency" is as follows Abstract
Foreign exchange rate fluctuations have a significant impact on the Nigerian currency. This study aims to analyze the effects of fluctuating foreign exchange rates on the Nigerian currency, focusing on the economic implications and challenges faced by the country. The research will examine the relationship between foreign exchange rate movements and the value of the Nigerian currency, considering factors such as inflation, trade balance, and foreign investment. Additionally, the study will investigate the role of government policies, central bank interventions, and external factors in influencing the exchange rate volatility. By using statistical analysis and econometric models, the research will provide valuable insights into the dynamics of foreign exchange rate fluctuations and their effects on the Nigerian economy. The findings of this study will contribute to a better understanding of the mechanisms through which exchange rate fluctuations impact the Nigerian currency and provide recommendations for policymakers to manage exchange rate risks effectively.

Thesis Overview