• CBN
• inflation
• Interest Rate
• MPC

CBN Keeps Interest Rates Unchanged to Tame Inflation

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  admin / 5 months
• 0
• 2 min read

The Central Bank of Nigeria (CBN) has left all key monetary policy parameters unchanged, citing the need to consolidate recent gains in reducing inflation. Following a two-day meeting, the Monetary Policy Committee (MPC) retained the Monetary Policy Rate (MPR) at 27.5 per cent, with the asymmetric corridor at +500/-100 basis points. The Cash Reserve Ratio […]