MPC Maintains Status Quo, MPR Still At 13.5 Percent

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.

- Advertisement -First Bank mobile money