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MPC to retain policy rates as DMO floats N100bn bond auction

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MPC to retain policy rates as DMO floats N100bn bond auction

IN spite of the two months consecutive decline in inflation rate, improved stability of the exchange rate and decline interest rate on fixed income instruments, the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, is expected to retain the Monetary Policy Rate, MPR, and other benchmark rates at same level at the end of its 266th meeting holding today and tomorrow.

Continue reading MPC to retain policy rates as DMO floats N100bn bond auction at Vanguard News Nigeria.

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