MPC Maintains Status Quo, MPR Still At 13.5 Percent

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Godwin Emefiele CBN Governor

In the just concluded Monetray Policy Committee (MPC) meeting on Tuesday July 23, 2019, the following were the resolution reached by the Monetary Policy Committee Members;

Monetary Policy Rate was retained at 13.5%

Cash Reverse Ratio Was retained at 22.5%

Liquidity Ratio Was retained at 30.0%

Asymmetric window was retained within the corridor of+200 and -500 basis points around the MPR.

Details Later.

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