The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele, disclosed this decision during a press conference at the end of a two-day MPC meeting held on Tuesday at the apex bank’s headquarters in Abuja.
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Why CBN reduced monetary policy rate to 13.5% – Emefiele. March 26, (MPR), from 14 per cent to 13.5 per cent.. many analysts expected the committee to retain the MPR and other monetary.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first time in over. MPC voted to adjust the Monetary Policy Rate (MPR) by 50 basis points from 14% to 13.5%;.
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) from 14.0 per cent to 13.5 per cent. Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele The Governor of the.
The monetary policy committee of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate by 50 basis points. This means that the MPR, which is put at 14%, was eased to 13.5%. Announcing the decision of the committee earlier today at the apex bank’s headquarters, Godwin Emefiele, the CBN governor, said there [.]
Consequently, Monetary Policy Rate (MPR) remained 13.5%, the asymmetric corridor at +200 and -500 basis point around the MPR, the CRR at 22.5% and retain the liquidity ratio at 30%.
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to adjust the official interest rate, that is, Monetary Policy Rate (MPR), by 50 basis points, from 14% to 13.5%.
The Central Bank of Nigeria (CBN) has kept all. benchmark interest rate at 13.5 per cent after a surprise 0.5 per cent point cut two months ago. It also retained all the other parameters around the.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), maintains a hold in Monetary Policy Rate (MPR) at 13.50%. Also, other parameters such as CRR, Liquidity ratio and asymmetric corridor are equally held constant.
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CBN Changes Gear, Reduces MPR to 13.5%. The Central Bank of Nigeria (CBN) at its monetary policy committee (mpc) held at the banks’ headquarters in Abuja resolved to reduce the Monetary Policy Rate (MPR), also known as interest rate, by 50 basis points to 13.5 per cent from 14 per cent.