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MPC Retains Monetary Policy Ratio At 14%

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Nigeria's Foreign Exchange Inflow Hits $91b In 2017 – CBN

 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on has left the monetary policy rate unchanged at 14 per cent.

The CBN Governor, Mr Godwin Emefiele, who was speaking at the end of the two-day meeting of the committee in Abuja.

He said that the committee also retained the cash reserves ratio at 22.5 per cent.

He announced that the liquidity ratio was left at 30 per cent; and the asymmetric window kept at +200 and -500 basis points around the MPR.

The post MPC Retains Monetary Policy Ratio At 14% appeared first on Channels Television.

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