MPC REVIEW | NIGERIA | SEPTEMBER 2020
MPC opted for expansionary monetary policy as MPR declined to 12.5% from 13.5% Monetary Policy Committee (MPC) unanimously voted to loosen the Monetary Price Ratio (MPR) by 100bps to 12.5% and also adjusted the asymmetric corridor to +100/-700bps from +200/-500bps, while the committee left other parameters unchanged, including Liquidity Ratio at 30.00% and Credit Reserve…
Abiola Adekunle