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CBN governor says naira "appropriately priced"
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CBN Governor, Godwin Emefiele.
Africa's largest oil producer has restricted imports since June to offset a fall in vital oil revenues which has battered public finances and the naira currency.
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Nigeria's naira currency is "appropriately priced" and the central bank does not plan any adjustments for the time being, the bank's governor Godwin Emefiele said on Monday.
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"At this time...the currency is appropriately priced," Emefiele told a conference in London.
The naira has an official exchange rate peg of 196.95 per dollar but has traded weaker than that in parallel markets.
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