As Expected, MPC Decides To Keep Policy Rates Unchanged In Nigeria

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Tuesday, July 24, 2018 /02:57 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 14.00% with the asymmetric corridor at +200bps and -500bps around the MPR;

·     The Cash Reserve Ratio (CRR) at 22.50% and;

·     The Liquidity Ratio at 30.00% 

 

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