Central banks in Nigeria and Kenya to hold rates next week

Central banks in Nigeria and Kenya to hold rates next week

Nigeria and Kenya will both leave monetary policy unchanged next week, a Reuters poll forecast, as inflation in the former is not yet tame enough, while an interest rate cap in the latter limits policymakers’ room for manoeuvre.   All 15 analysts polled this week said rates would be held at 14.0 percent in Nigeria…

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