International Journal of Economics, Finance and Management Sciences

Volume 12, Issue 6, December 2024

  • Research Article

    Impact of Interest Rate, Exchange Rate and Inflation on Stock Market Dynamics in Nigeria

    Adekunle Peter, Olorunfemi Olutope, Rabi'a Muhammad, Francisca Ogbuehi*, Igweze Amechi

    Issue: Volume 12, Issue 6, December 2024
    Pages: 352-362
    Received: 12 February 2024
    Accepted: 27 August 2024
    Published: 20 November 2024
    DOI: 10.11648/j.ijefm.20241206.11
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    Abstract: This study aimed to assess the impact of inflation, exchange rate, and interest rate on stock market returns and volatility in Nigeria using data from 2000M1 to 2022M9. The Autoregressive Distributed Lag (ARDL) model was employed to investigate the relationship between stock market returns and the independent variables, while the Generalized Auto-R... Show More