JUST-IN: CBN retains interest rate at 27.5%, keeps CRR at 50%, liquidity ratio at 30%
Adebisi solade The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5%, following its 300th Monetary Policy Committee (MPC) meeting held in Abuja. This was disclosed by the apex bank’s Governor Olayemi Cardoso during the post-MPC press briefing on Tuesday. Key Monetary Policy Decisions:Monetary Policy Rate (MPR): Retained…