BREAKING: CBN retains Monetary policy rate at 13.5%
The Central Bank of Nigeria (CBN) has retained Monetary Policy Rates (MPR) at 13.5%.
Central Bank governor, Godwin Emefiele, made this known on Friday, at the end of the committee’s meeting in Abuja.
The commitee also voted to retain Asymmetric Corridor at +200/-500 basis points around MPR, Credit ration was also kept at 22.5%.
Similarly, liquity ratio was maintained at 30%.
Details later…
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