Back to feed

BREAKING: CBN says MPR reset due to disconnect with market rates

The Central Bank of Nigeria (CBN) has explained why it “reset” the Monetary Policy Rate (MPR) from 26.5% to 23%, saying the previous benchmark had become disconnected from the rates actually used in the financial markets.

Read the full article at nairametrics
#reset#rates#central#bank#nigeria#explained#monetary#policy#rate#saying

to like, bookmark, and comment.

Save Collection

Comments

You

Join the conversation:

No comments yet. Be the first to share your thoughts.