Foreign exchange rate and balance of payment in Nigeria Department: Banking and Finance By: chidocyber Project ID: 4592 Rating: (3.2) votes: 11Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis work deals with foreign exchange rates and balance of payment in Nigeria, from 2000-2015. The need to manage foreign exchange became imperative as a result of this equilibrium in the foreign exchange market caused by an inadequate supply of foreign exchange management, is a conscious attempt to harnesses foreign exchange resources deploy them to service the economy so as to prevent the economy from experiencing shocks due to foreign exchange volatility. The central focus of this work is to examine how CBN through its policy measured, manages foreign exchange in the country. To carry out this work, the respondents make us of both primary and secondary data. Questionnaires were in line with the objective of the study. Based on the objective of the study, the findings revealed the role of CBN in managing foreign exchange it has no impact. Foreign exchange stability has no significant impact on economic growth and development, foreign exchange stability does not play a significant role in entrepreneurship development in Nigeria. Conclusion and recommendations were made in line with the findings. ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)