CBN Keeps Monetary Policy Rate At 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent.

The announcement was made on Tuesday by the CBN governor, Godwin Emefiele at the end of a two-day meeting at the CBN headquarters.

The committee also retained the liquidity ratio at 30 percent and cash reserve ratio (CRR) at 27.5 percent.

Source:-https://www.channelstv.com/2021/03/23/cbn-keeps-monetary-policy-rate-at-11-5/

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