Ijirshar, Victor; Ushie, Hilary Eshidenang; Adi, Agya; … - 2021
This study examines the exchange rate volatility-trade flows nexus in Nigeria from 1986 to 2019 using monthly data from the World Bank and the Central Bank of Nigeria (CBN). The ARCH effect model showed evidence of exchange rate volatility. The study estimated ARCH (1) to ARCH (5), GARCH (1,1),...