Nigerian Central Bank hold policy rate constant
As expected, the Monetary Policy Committee (MPC) at the end of yesterday's meeting, unanimously elected to:
Nigeria
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Nigerian Central Bank holds MPR at 11.5%, other parameters constant
In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constant
Nigeria adopts flexible exchange rate suggesting another devaluation of the naira
The Federal Government has announced the adoption of a new flexible exchange rate policy for official transactions in a major foreign exchange policy shift.
Fitch Affirms Nigeria at 'B'; Outlook Stable
Fitch Ratings has affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B' with a Stable Outlook.
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