CBN Hedges Against Inflation With Increased CRR

By Emmanuel Aziken, Editor The Monetary Policy Committee (MPC) of the Central Bank has increased Cash Reserve Ratio (CRR) from 22.5 percent to 27.5 percent but kept all other key rates at prevailing levels. Governor Godwin Emefiele, the nation’s number one banker disclosed this as he read the communiqué of the MPC meeting that ended … Continue reading CBN Hedges Against Inflation With Increased CRR