Site icon Brand Spur

MPC Maintains Status Quo

CBN, Banks, And NPA To Resolve Export Bottlenecks In 90 days

CBN, Banks, And NPA To Resolve Export Bottlenecks In 90 days

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%.

Exit mobile version