MPC Maintains Status Quo

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At the end of the two-day bi-monthly MPC meeting, all policy levers were maintained following a unanimous vote of all members of the committee.

•    Monetary Policy Rate (MPR) – 11.50%
•    Asymmetric corridor around the MPR – +100/-700bps,
•    Cash Reserve Ratio – 27.50%, and
•    Liquidity Ratio 30.0%.

MPC Maintains Status Quo

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