The Monetary Policy Committee (MPC) held its fourth (4th) meeting of the year on the 20th of July 2020, where members of the Committee voted to retain the MPR at 12.50% and leave all other key parameters 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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