{"id":9668,"date":"2016-11-22T16:33:54","date_gmt":"2016-11-22T15:33:54","guid":{"rendered":"http:\/\/nationalwire.com.ng\/?p=9668"},"modified":"2016-11-22T16:33:54","modified_gmt":"2016-11-22T15:33:54","slug":"cbn-retains-monetary-policy-rate-at-14-amidst-deepening-recession","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/cbn-retains-monetary-policy-rate-at-14-amidst-deepening-recession\/","title":{"rendered":"CBN retains monetary policy rate at 14%, amidst deepening recession"},"content":{"rendered":"<figure id=\"attachment_9324\" aria-describedby=\"caption-attachment-9324\" style=\"width: 150px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/nationalwire.com.ng\/wp-content\/uploads\/2016\/10\/Godwin-Emefiele-CBN-Gov.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-9324\" src=\"http:\/\/nationalwire.com.ng\/wp-content\/uploads\/2016\/10\/Godwin-Emefiele-CBN-Gov-150x150.jpg\" alt=\"Godwin-Emefiele-CBN-Gov\" width=\"150\" height=\"150\" \/><\/a><figcaption id=\"caption-attachment-9324\" class=\"wp-caption-text\">Godwin-Emefiele-CBN-Gov<\/figcaption><\/figure>\n<p><strong>CBN retains monetary policy rate at 14%, amidst\u00a0deepening recession<\/strong><\/p>\n<p>The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.<\/p>\n<p>The CBN Governor, Mr. Godwin Emefiele, who announced the decision of the committee at the end of a two-day meeting held at the apex bank\u2019s headquarters in Abuja, explained that all the 10 members that attended the meeting agreed to maintain the current monetary policy stance.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>Apart from the MPR which was retained at 14 per cent, the governor said the committee also voted to retain the Cash Reserves Ratio at 22.5 per cent.<\/p>\n<p>Also retained are the Liquidity Ratio, which was left at 30 per cent; and the Asymmetric Window which was left at +200 and -500 basis points around the MPR.<\/p>\n<h6><\/h6>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>CBN retains monetary policy rate at 14%, amidst\u00a0deepening recession The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr. Godwin Emefiele, who announced the decision of the committee at the end of a two-day meeting held at the apex &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17,624],"tags":[36,740,1206,575],"coauthors":[2392,2393],"class_list":["post-9668","post","type-post","status-publish","format-standard","","category-business","category-news","category-politics","tag-cbn","tag-nse","tag-pencom","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBN retains monetary policy rate at 14%, amidst deepening recession - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/cbn-retains-monetary-policy-rate-at-14-amidst-deepening-recession\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBN retains monetary policy rate at 14%, amidst deepening recession - National Wire\" \/>\n<meta property=\"og:description\" content=\"CBN retains monetary policy rate at 14%, amidst\u00a0deepening recession The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. 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