CBN retains MPR at 14% over need for policy clarity

by | September 26, 2017 2:35 pm

Members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN) on Tuesday dashed analysts’ expectations and voted, for the seventh straight time, to retain benchmark rates as against easing money to reflate the economy still struggling with a fragile growth rebound. The members retained the Monetary Policy Rate (MPR) at 14.0 per…

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