Post by Proshare (@Proshare)

After the 306th CBN MPC meeting held on July 20th and 21st, the Committee made the following decisions:
* Retained the MPR at 26.50%
* Retained the Asymmetric corridor to +50/-450 around the MPR.
* Retained the Commercial banks’ Cash Reserve Ratio (CRR) at 45.00%
* Retained the CRR of Merchant Bank at 16%, and the non-TSA public sector at 75%
* Retained the liquidity ratio at 30.00%.

After the 306th CBN MPC meeting held on July 20th and 21st, the Committee made the following decisio...

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