MPC Maintains Status Quo, Other Parameters Constant

By
Brand Spur
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0
Nigeria's External Reserves Reduces by $427m In One Month- CBN
Nigeria's External Reserves Reduces by $427m In One Month- CBN

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

  • Monetary Policy Rate (MPR) – 11.50%
  • The asymmetric corridor around the MPR – +100/-700bps,
  • Cash Reserve Ratio – 27.50%, and
  • Liquidity Ratio 30.00%.
Nigeria Saving Interest rates Brandspurng3
CBN Governor, Godwin Emefiele | www.brandspurng.com