raises CRR to 27.5 – Alabingo.com

Economy headline

CBN retains MPR at 13 %, raises CRR to 27.5

Iheanyi Ejiofor January 24, 2020 No Comments CBN retains MPR at 13 %raises CRR to 27.5

The Central Bank of Nigeria (CBN) has retained the monetary policy benchmark rate at 13.5 per cent but increased the Cash Reserve Ratio (CRR) from 22.5 to 27.5 percent. CBN…