The Monetary Policy Meeting (MPC) of the Central Bank of Nigeria (CBN) voted at the end of its meeting today to retain Monetary Policy Rate (MPR) at 14%, with the asymmetric corridor at +200 basis points and -500 basis points.
The meeting also retained the Cash Reserve Requirement (CRR) and Liquidity Ratio (LR) at 22.50% and 30% respectively.
The rates were also retained at the end of its September 2016 meeting.
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