Tuesday, January 23, 2018 7:18:05 AM- Nigerian Stock Exchange.

  MPC MEET - Status quo maintained by CBN


July 25 (Lagos) - The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 4th meeting in 2017 today, holding all key policy rates at current levels:

-          MPR retained at 14%
-          CRR retained at 22.5%
-          Liquidity ratio retained at 30%
-          Asymmetric corridor retained at +200/–500 basis points around the MPR
-          6 members voted to retain all key policy rates, while 2 members voted to ease current stance.

reporting for easykobo.com on Tuesday, July 25 2017 from Lagos, Nigeria

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