MPC seen holding rates for sixth successive time at November meeting

by | November 20, 2017 12:35 am

Nigeria will probably hold its benchmark interest rate at a record-high 14 percent for the sixth straight time when members of the Monetary Policy Committee (MPC) meet this Monday and Tuesday, with an easing cycle seen happening in the first quarter of 2018 at the earliest. Five economists surveyed by BusinessDay expect the rate unchanged…

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