Salisu, Afees A.; Mobolaji, Hakeem - In: Energy Economics 39 (2013) C, pp. 169-176
This paper models returns and volatility transmission between oil price (OP) and US–Nigeria exchange rate (EXR … well as period of FX crisis in Nigeria. Also, it establishes a bidirectional returns and spillover transmission between oil … and FX markets. Finally, its findings reveal evidence of hedging effectiveness involving oil and FX markets in Nigeria and …