CBN Governor Olayemi Cardoso asserts that the Naira’s exchange rate is significantly undervalued during the Nigeria Economic Summit’s Outlook Launch for the Nigerian Economy 2024.
Predicting a moderation in inflation this year, Cardoso labels the national currency as “undervalued,” marking his first public economic comments since November.
He outlines the CBN’s inflation-targeting policy, aiming to bring inflation down to 21.4% in 2024
