Abstract

The study examines the empirical relationship between exchange rate, interest rate and inflation in the context of Sub - Sahara African countries using panel data over 1980-2012 periods. The estimated values of the pooled, fixed and random effects models reveal identical results that interest rate and inflation maintain a monotonous relationship with the exchange rate, though the relationship is insignificant for interest rote only in the random effect model based on 1% level of significance. However;

How to Cite
AMACHREE, QUEEN ORI-IBIM, Dr.. An Empirical Test of the Relationship between Exchange Rate, Interest Rate and Inflation in Five African Countries from 1980 To 2012. Global Journal of Management And Business Research, [S.l.], nov. 2020. ISSN 2249-4588. Available at: <https://journalofbusiness.org/index.php/GJMBR/article/view/3261>. Date accessed: 10 apr. 2021.