Nigeria MPC Maintains Status Quo At Final Meeting Of The Year 2019

The Monetary Policy Committee (MPC) meeting that held on the 25^th and 26^th of November has just been concluded and the committee voted to hold all policy parameters constant as follows; 

• The benchmark interest rate (MPR) was held at 13.50%
• The asymmetric corridor retained at +200bps and -500bps around the MPR
• The Cash Reserve Ratio (CRR) retained at 22.50% and;
• The Liquidity Ratio retained at 30.00%