CBN Keeps Monetary Policy Rate At 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria(CBN) has voted to hold the Monetary Policy Rate (MPR) at 26.5% after its 305th meeting.
The decision was taken at the just concluded MPC meeting with eleven(11) members in attendance.
The committee maintained all key parameters at their current levels, signalling a continued cautious stance on inflation management and broader macroeconomic stability.
Details later…
