College of Management and Social Sciences

Permanent URI for this communityhttp://itsupport.cu.edu.ng:4000/handle/123456789/28761

Welcome to the page of the College of Management and Social Sciences.

Browse

Has files: YesSubject: search.filters.subject.currency performance

Search Results

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Economic Restrictions and Currency Performance: Evidence of African Countries
    (Research Square, 2021) Adegboye Alex; Ikpefan Ochei; Ojeka Stephen A.; Adeyanju Ibukunoluwa
    This study explores the impact of diverse economic restrictions on currency performance. We assess a panel dataset of 30 African countries for the period 1990–2010. Our empirical evidence is based on the fixed effect regression and the Quantile regression approach. We find that the United States, European Union, economic and intensity sanctions weaken the real exchange rates. However, we establish that the U.N. sanctions are insignificant. As for the policy implication, sanctioned countries should implement a policy that could mitigate the adverse consequences of economic restrictions on currency performance.