This study investigates the state-dependent effects of exchange rate movements and money supply shocks on stock market returns using daily stock returns, exchange rate, and variations in money supply data obtained from the databank.worldbank.org website from 1990 to 2022. The sto...
Open access
Research Article10.9734/ajeba/2023/v23i181062
This study examines the reactions of stock prices to variations in the monetary policy rate of the central banks and exchange rate shock, which is if the responses are similar or differ in a comparative analysis between developed and emerging stock markets. Data were obtained on...
Open access
Research Article10.9734/ajeba/2023/v23i181061
This study examined the determinants of exchange rate volatility basing evidence on 7 African countries; Niger, Sudan, Cameron, Equatorial Guinea, Tunisia, Congo, and Cote D’Ivoire from 1990-2023. The study conducted the Autoregressive Distributive Lag (ARDL) bounds testing for c...
Open access
Research Article10.9734/ajeba/2023/v23i201091
The study examined the determinants of real effective exchange rate on selected African countries, namely, Nigeria, Libya, Angola, Egypt, Gabon, Ghana, and Chad over the sample period of 1980 to 2023. The vector error correction methodology was used in the study. The results sugg...
Open access
Research Article10.9734/ajeba/2023/v23i191088