MASTER DEGREE PROJECT EXCHANGE RATE VARIATION AND INFLATION IN NIGERIA (1970- 2007) Master Degree Project in Economics and Finance D-Leval 15 ECTS Spring term Year 2008 Onosewalu Okhiria 761130-P319 Taofeek Sesan Saliu 761130-P719 Supervisor: Bernd-Joachim Schuller(PhD) Examiner: Max Zamanian (PhD) ABSTRACT This study examines the impact of exchange rate on inflation in Nigeria economy between 1970 and 2007. We analysed the trend of inflation and exchange rate in the last 38 years by evaluating
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interest rates and inflation has a persistent impact on the well being of any given society. For this purpose it is the understanding that each individual in society should have an understanding of what such changes bring fourth for the man on the street. In this introduction‚ we are going to introduce certain key points to remember when dealing with interest rate- and inflation changes. Inflation is a sustained increase in the general level of prices for goods and services When inflation goes up‚ there
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Eurozone unemployment and inflation both rise 01 March 2012 by Daniel Mason Eurozone unemployment rose to a record high in January‚ while inflation in the currency bloc has also continued its upward trend - a combination described by economists as "unpalatable" and a "double whammy of bad news". The jobless rate in the 17-member currency bloc was 10.7 per cent in January‚ up from 10.6 per cent in December‚ according to statistics published today by Eurostat. It means that‚ in January‚ there
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ROLE IN CONTROLLING INFLATION ABSTRACT Inflation has become a fact of life in nearly all countries‚ but it is a very serious problem in the developing countries. As far as commercial banking is concerned‚ it erodes the value of the depositor’s savings as well as that of the bank’s loans. Yet the banking system does not seem to specifically address this problem. This paper makes an attempt at finding a way of compensating for the loss suffered by capital due to inflation. Identifies the transactions
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FOOD PRICE INFLATION AND ITS IMPACT IN INDIA Submitted By : Sri Harshini Mudigonda MBA G SEM III Specialization: Finance – Marketing Under The Guidance Of : Dr.AZRA Ishrat ABS ‚LUCKNOW STUDENT’S CERTIFICATE Certified that this report is prepared based on the desertation thesis project undertaken by me for the topic FOOD PRICE INFLATION IN INDIA AND ITS IMPACT‚ under the able guidance of Dr . Azra Ishrat in partial fulfillment
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Must “quantitative easing” end in inflation? Quantitative easing is the increase of the money supply of banks from the government buying financial assets for the purpose of lending money. This is in response to a decrease in demand due to a fall in consumer and business spending. When the base rate are close to zero (liquidity trap)‚ as they are now in the UK‚ monetary policy to stimulate the economy by lowering interest rates cannot be used. So in this case‚ quantitative easing can be used to lead
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In the literature entitled “The Dangerous Myth of Grade Inflation”‚ Kohn’s talks about a very old controversy is regarding to grade inflation. This argument resurfaced when people‚ including The former Harvard’s dean of the faculty‚ Henry Rosovsky‚ express their concern about a perceived surge of student receiving higher grades-point average in recent years. Their argument stems from the assumption that students of the recent generation couldn’t possibly get better grade than the preceding generation
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the condition of the tires is improper the performance of the vehicle will be affected. One negative tire condition that can occur is low tire pressure/ under inflation. According to the Webster’s dictionary‚ under inflation is the insufficient presence of air pressure in a tire for the amount of load carried and vice versa for over inflation. This paper will examine the causes of reduced tire pressure‚ the tire pressure in places abroad‚ effects of under and over inflated tires‚ and tire pressure
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theory stated that a change in the supply of money in to the economy will cause a change in inflation rates‚ assuming the demand for money is constant. Dm = f(P‚ rb‚ re‚ 1/p x dP/dt‚ Yp‚ W) Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. This is the current policy on setting and controlling inflation in the economy‚ In the first three months of 2009‚ the UK economy shrank more than it did in
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* The banking industry produces some of the most lucrative profit margins around. If you are interested in starting your own bank then you need to be prepared for the fund-raising‚ organizing and form filing required to set one up. These steps will help make the process easier * Evaluate how practical it is for you to start a bank. Look at your business experience. You will need to have business management skills‚ financial management skills and fund-raising skills. * 2 Get to know
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