CBN retains MPR rate at 13.5%

The Monetary Policy Committee has retained the benchmark interest rate at 13.5 per cent, to ascertain the impact of government policies within the coming months.

The committee also retained other parameters including asymmetric corridor around the MPR at +200  and -500 basis point. Similarly, liquidity ratio was held at 30 per cent while Cash reserve ratio 22.5 per cent

Details Later…..

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