Money Market, Updates

MPC Maintains Status Quo: Retains MPR at 11.5%

Posted by InvestAdvocate on

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Godwin Emefiele, Governor, Central Bank of Nigeria (CBN). Image Credit: CBN

March 23, 2021

By InvestAdvocate

Lagos (INVESTADVOCATE)-The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) at 11.5 percent.

Also, the Liqudity Ratio and Cash Reserve Ratio (CRR) at 30 percent and 27.5 percent respectively.

Details later…..

 

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