TABLE OF CONTENTS
Title Page
Certification
Dedication
Acknowledgement
Contents
CHAPTER ONE
1.0 Introduction
1.1 Background of the Study
1.2 Statement of the Study
1.3 Justification of the Study
1.4 Objective of the Study
1.5 Research Questions
1.6 Statement of Hypothesis
1.7 Scope and Limitation of the Study
1.8 Organization of the study
1.9 Definition of terms
CHAPTER TWO
2.1 introduction Literature review
2.2 The foreign exchange rate
2.3 The foreign exchange risk.
2.4 The foreign risk management.
2.5 Foreign exchange market.
2.6 National monetary policies $ exchange rate.
2.7 Exchange rate determination.
2.71 The balance payment approach.
2.7.2 Purchasing power party (ppp).
2.8 The Nigerian economy – am1 over view.
2.8.1 Structure of the foreign exchange market
2.8.2 The auction and the inter – bank market.
2.8.3 The bureaux de change.
2.8.4 Pricing methodology and exchange rate moments.
2.9 Government policies on foreign exchange.
2.9.1 Policy strategies
2.9.2 Historical briefing of united bank for Africa plc.
CHAPTER THREE
3.1 Research methodology introduction
3.2 Research Design
3.3 Type and sources of data
3.4 Sample size of the study
3.5 Sampling technique
3.6 Instrumentation
3.7 Method of data analysis.
CHAPTER FOUR
4.1 Data Presentation Analysis & Interpretation, Introduction
4.2 Data Analysis
4.3 Restatement of Research Hypothesis
4.3.1 Testing of Research Hypothesis
4.4 Impact of Exchange Rate and Control
4.5 Observed Responses for Hypothesis
4.6 Foreign Exchange Policy
CHAPTER FIVE
5.1 Summary of Findings
5.2 Conclusion.
5.3 Research recommendation
5.4 Limitation of the study
5.5 Suggestion for future studies
5.6 Reference
CHAPTER ONE
1.0 INTRODUCTION
BACKGROUND OF THE STUDY
International trade and capital flow require a Foreign exchange market because, despite increased economic interdependence in the world, each country maintain it’s own National medium of exchange the official foreign exchange market in Nigeria is made up to the federal ministry of finance and the central bank of Nigeria as the apex institution, authorized dealers including commercial and merchant bank, development banks and bureau de exchange control policies and procedures while the banking system armed bureau de exchange serve as channels for implementing official policy. Operating side by side with the official foreign exchange market is the parallel or black market (Agene 1991).