cbn statement, 2016-05-24
The Committee was of the view that the current adverse global and domestic economic and financial conditions and the imperative imposed by the demand and supply shocks to the domestic economy and considering the express intentions of Government as enunciated in the 2016 budget, policy must respond appropriately as the market continues to demonstrate confidence in the Bank’s ability to deliver a credible foreign exchange market.
Sentiment: neutral
Topic: mp_economic_activity