Nigeria’s MPC Maintains Status Quo At The End of November 2018 Meeting

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Thursday, November 22, 2018/12:00 PM/ CardinalStone Research

 

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