Back to feed

Experts say CBN’s surprise rate cut could boost growth, pressure FX

Financial and economic experts have described the Central Bank of Nigeria's (CBN) decision to reduce its benchmark interest rate from 26.5% to 23% as a welcome but unexpected move, marking the first major reduction of its kind in nearly two decades.

Read the full article at nairametrics
#experts#rate#financial#economic#described#central#bank#nigerias#decision#reduce

to like, bookmark, and comment.

Save Collection

Comments

You

Join the conversation:

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