International Oil Prices, Exchange Rates, Interest Rates and External Reserves of Nigeria: The Moder

The goal of the study was to see how the balance of trade affected the link between international oil prices, exchange rates, interest rates, and Nigeria's external reserves. This research is based on the author's master's thesis. The research was conducted using time series data from 1981 to 2014. The research was conducted using a causal research design. The findings of the analysis show that the balance of trade had no discernible influence on the link between worldwide oil prices and Nigeria's external reserves. The study's findings show that the balance of trade had a considerable moderating influence on the link between Nigeria's currency rates and foreign reserves. Furthermore, the findings of the study show that the balance of trade had no substantial moderating influence on inflation.

Please see the link :- https://globalpresshub.com/index.php/AJEFM/article/view/1475