3/4/2018/Fitch Ratings The operating environment facing Indonesian banks is gradually improving, driven by steady economic performance, easing conditions in the commodity sector and macroeconomic policies consistently geared towards maintaining stability, says Fitch Ratings. These trends are helping to stabilise banks’ asset quality, and could have positive rating implications for some […]
Money Market
MPC: Far From a Needle Shift
Culled—Proshare April 5, 2018/Proshare Research Introduction At the end of the first monetary policy committee’s (MPC) meeting for 2018, the committee kept its policy levers untouched. Thereby sustaining the current policy levers beyond the current period of 21 months The position hinged on the committee’s conviction to sustain the on-going […]
New MPC Retains Rate at 14% Ninth Consecutive Time
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The new Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to retain Nigeria’s Monetary Policy Rate (MPR) at 14 percent for the ninth consecutive time. Similarly, the MPC retained the Cash Reserve Ratio (CRR) at 22.5 percent and the […]
