CBN retains interest rates at 11.5%

The monetary policy committee of the Central Bank of Nigeria on Tuesday retained the rates at 11.5%, the asymmetric corridor, at+100/-700 basis points around the MPR. 

CBN governor, Godwin Emefiele, speaking to journalists in Abuja, after the conclusion of the MPC meeting also said that rates for the CRR at 27.5% and liquidity ratio at 30% was retained 

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