Macroeconomic Update | Post-MPC Monitor | May 2020

The Monetary Policy Committee (MPC) held its third meeting for the year on the 28th of May 2020, where they voted to cut MPR by 100bps to 12.50%. All other key parameters remain unchanged; Asymmetric Corridor at +200bps/-500bps around the MPR; Cash Reserve Ratio (CRR) at 27.50% and Liquidity ratio at 30%.

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Post MPC Monitor- May 2020


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