MPC Retains MPR At 11.5%, Holds Other Parameters Constant

adsbygoogle || []).push({});

The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5%.

The  Governor, of CBN, Godwin Emefiele who disclosed this while reading the communique in press briefing in Abuja, at the end of the MPC meeting said that the committee decision are: MPR retained at 11.50%, asymmetric corridor of +100/-700 basis points around the MPR, CRR was retained at 27.5%, While Liquid Ratio was also kept at 30%.

Author Profile

Abdulrahman Obaje
Abdulrahman Obaje
Prince Abdulrahman Obaje is a Media and ICT Consultant, Journalist, online marketer, social media strategist, Mathematician and Computer Scientist based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on
ALSO READ  Kaduna Senator Introduces 'Factoring Bill' to Promote Nation's International Businesses 
Latest entries
ALSO READ  2019 Budget: Senate Uncovers N42 billion fraud by Ministry of Trade and Investment.

Leave a Reply

Your email address will not be published. Required fields are marked *