cbn statement, 2020-09-22
In summary, the MPC voted to: I. Reduce the MPR by 100 basis points from 12.5 to 11.5 per cent; II. Adjust the asymmetric corridor from +200/-500 basis points to +100/-700 basis points around the MPR; III. Retain the CRR at 27.5 per cent; and, IV. Retain the Liquidity Ratio at 30 per cent.
Sentiment: neutral
Topic: mp_interest_rate