cbn statement, 2012-09-18
In view of the foregoing, the Committee by a unanimous vote decided as follows: 1. Retain the Monetary Policy Rate (MPR) at 12 per cent with +/- 200 basis points corridor; 2. Retain the Cash Reserve Requirement (CRR) at 12.0 per cent. 3. Retain the Net Open Position at 1.0 per cent.
Sentiment: rate_hold
Topic: mp_interest_rate