MPC Maintains Status Quo, Other Parameters Constant

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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 |