Effect of Covid-19 Pandemic on Foreign Exchange Rate Volatility: The Nigeria Experience
| المصدر: | مجلة المالية وحوكمة الشركات |
|---|---|
| الناشر: | جامعة العربي بن مهيدي أم البواقي - كلية العلوم الاقتصادية والعلوم التجارية وعلوم التسيير و مخبر الابتكار والهندسة المالية |
| المؤلف الرئيسي: | Gbadebo, Abraham Oketooyin (Author) |
| المجلد/العدد: | مج6, ع1 |
| محكمة: | نعم |
| الدولة: |
الجزائر |
| التاريخ الميلادي: |
2022
|
| الشهر: | يونيو |
| الصفحات: | 76 - 92 |
| ISSN: |
2602-5655 |
| رقم MD: | 1313561 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
COVID-19 Pandemic | Foreign Exchange Rate Volatility | Error Correction Model
|
| رابط المحتوى: |
الناشر لهذه المادة لم يسمح بإتاحتها. |
| LEADER | 02753nam a22002177a 4500 | ||
|---|---|---|---|
| 001 | 2072997 | ||
| 041 | |a eng | ||
| 044 | |b الجزائر | ||
| 100 | |a Gbadebo, Abraham Oketooyin |e Author |9 696561 | ||
| 245 | |a Effect of Covid-19 Pandemic on Foreign Exchange Rate Volatility: |b The Nigeria Experience | ||
| 260 | |b جامعة العربي بن مهيدي أم البواقي - كلية العلوم الاقتصادية والعلوم التجارية وعلوم التسيير و مخبر الابتكار والهندسة المالية |c 2022 |g يونيو | ||
| 300 | |a 76 - 92 | ||
| 336 | |a بحوث ومقالات |b Article | ||
| 520 | |b The outburst of the Covid-19 brought anxiety that led to social distancing, stay at home, restriction in traveling locally and internationally, and finally, the financial instability globally as many economic activities shut down. Consequently, the study examined the effect of the coronavirus pandemic on exchange rate volatility from February 29, 2020, to March 31, 2021. The study utilized two-time series data which were sourced from daily reports on covid-19 from the Nigerian Centre for Disease Control (NCDC) and daily exchange rates US$/Nigerian₦ from the Central Bank of Nigeria (CBN) statistical bulletin. The study used Error Correction Model (ECM) to analyze the data. The bound test was used in the survey to establish a level of association between the independent variables and the regressor set. The findings revealed that daily reported COVID-19 instances, daily death cases, and cumulative death cases had a positive effect on Nigerian exchange rate volatility. Conversely, confirmed cumulative coronavirus cases do not impact the exchange rate in Nigeria in the short run. Coronavirus significantly affected all macroeconomic indices, including the exchange rate. The study will be helpful to the government and its agencies in the determination of the palliatives for the needy citizens. It will also help the policy makers to develop strategies that can stabilize the economy and health sector to reduce the effect of the pandemic on the citizenry. | ||
| 653 | |a العلاقات الدولية |a الاقتصاد النيجيري |a أسعار الصرف الأجنبي |a المعاملات المالية |a فيروس كورونا "كوفيد-19" | ||
| 692 | |b COVID-19 Pandemic |b Foreign Exchange Rate Volatility |b Error Correction Model | ||
| 773 | |4 إدارة الأعمال |4 الاقتصاد |6 Business |6 Economics |c 005 |e Journal Of Finance & Corporate Governance |f Journal of finance & corporate governance |l 001 |m مج6, ع1 |o 2116 |s مجلة المالية وحوكمة الشركات |v 006 |x 2602-5655 | ||
| 856 | |u 2116-006-001-005.pdf | ||
| 930 | |d n |p y |q n | ||
| 995 | |a EcoLink | ||
| 999 | |c 1313561 |d 1313561 | ||
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