No Surprises, as MPC Holds Rates Steady At the End of 1st 2018 Meeting


Wednesday, April 04, 2018 /02:55 PM/ CardinalStone Research 

The Monetary Policy Committee (MPC) meeting has just been concluded with all key policy decisions retained; 

·The benchmark interest rate (MPR) at 14% with the asymmetric corridor at +200bps and -500bps around the MPR;

· The Cash Reserve Ratio (CRR) at 22.5% and;

· The Liquidity Ratio at 30%


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