CBN 299th Monetary Policy Committee Meeting: Implications for the Nigerian Capital Market
Key Decisions:
* Monetary Policy Rate (MPR) retained at 27.50%.
* Cash Reserve Ratio (CRR) retained at 50.00% for DMBs; and 16.00% for Merchant Banks respectively.
* Liquidity Ratio (LR) left unchanged at 30.0%.
* Asymmetric…