CBN Retains MPR At 13.5%

The first meeting of the Monetary Policy Committee of the Central Bank of Nigeria (CBN) ended in Abuja on Wednesday. The decision to retain the lending rate, also called the monetary policy rate.

The CBN Governor, Mr Godwin Emefiele. that attended the meeting agreed to maintain the current monetary policy stance. He said apart from the MPR which was retained at 14 per cent, the committee.

The CBN governor, Godwin Emefiele, told journalists that the Monetary Policy Committee (MPC) resolved during its meeting in Abuja to retain the monetary policy rate (MPR) at 14 per cent. The MPR, the.

CBN Governor Godwin Emefiele: Why Nigeria’s Central Bank retained MPR at 13.5%.. (MPC) has decided on Tuesday to retain the MPR rate at 13.5 per cent.. july 23, 2019. Facebook.

Mr Tope Fasua, an Economic Expert, says retention of Monetary Policy Rate (MPR) at 13.5 per cent by the Central Bank of Nigeria (CBN) was expected.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per cent. The CBN Governor, Mr Godwin Emefiele made this known while.

Rising from its last Monetary Policy Committee (MPC) meeting of the year yesterday in Abuja, the Central Bank of Nigeria (CBN) backed the Federal. Meanwhile, the MPC voted to retain the MPR at 14.0.

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate from 14 per cent to 13.5 per cent. The CBN Governor, Mr. Godwin Emefiele, announced the.

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%.

The Central Bank of Nigeria (CBN) Tuesday resolved to leave the Monetary Policy Rate (MPR), otherwise known as interest rate, at 13.5 per.

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This is as it retained the monetary policy rate (MPR), which is the benchmark used by banks to fix their interest rates at 13.5 per cent. Reading.

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The CBN Governor, Mr. Godwin Emefiele. agreed to reduce the current monetary policy stance. He said while the MPR was reduced to 13.5 per cent, the committee decided to retain the Cash Reserves.