Empirical Investigations of Direction of Causality among Exchange Rates of Naira to Some Foreign Currencies
T. T. Ojewale & M. K. Garba · Asian Journal of Probability and Statistics · 2022
The aim of this paper is to examine the direction of causality among some exchange rate of Nigeria Naira to US Dollar, Pounds Sterling and Euro. It made use of a time series data from the year 2005 to 2014. Toda and Yamamoto [1] procedure was used in analyzing the data. Augmented...