CBN Monetary Policy Committee Leaves All Key Variables Unchanged

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Tuesday, January 22, 2019 03:10 PM / CardinalStone Research 

 

The Monetary Policy Committee (MPC) meeting that held on the 21st and 22nd January 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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