Nigeria's President Muhammadu Buhari has told the BBC that he will not devalue the currency, the naira.
His government is pursuing a policy of holding its price at around 200 naira to the US dollar, but its value has plunged on the unofficial market following the recent fall in the oil price.
Mr Buhari said he is not convinced to "agree to the murder of the naira".
Some economists believe he should agree to devalue the currency, because they argue it is inefficient and unsustainable to keep it at its present rate for long.
credit bbc.co.uk
His government is pursuing a policy of holding its price at around 200 naira to the US dollar, but its value has plunged on the unofficial market following the recent fall in the oil price.
Mr Buhari said he is not convinced to "agree to the murder of the naira".
Some economists believe he should agree to devalue the currency, because they argue it is inefficient and unsustainable to keep it at its present rate for long.
credit bbc.co.uk
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