CBN retains interest rate at 26.5%
The decision comes after the central bank earlier reduced the Monetary Policy Rate (MPR) by 50 basis points in February, bringing it down from 27 per cent, a level it had held stea...
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The decision comes after the central bank earlier reduced the Monetary Policy Rate (MPR) by 50 basis points in February, bringing it down from 27 per cent, a level it had held stea...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, maintaining the benchmark interest rate at its...
Nigeria’s Central Bank is slowing down plans for further interest rate reductions as global inflation concerns and economic uncertainty continue to shape monetary policy decisions....
Behind the CBN’s calm rate pause lies rising fear over inflation, political spending, and economic stability, writes Festus Akanbi The Central Bank of Nigeria’s (CBN) decision to r...
Ahead of the MPC's next meeting, economists and policy analysts who spoke with PREMIUM TIMES offered differing views on the committee's next policy move. The post MPC: Experts spli...
MPC keeps policy rate unchanged amid oil volatility eases post US-Iran deal
The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B) de...
Announcing the decision, RBI Governor Sanjay Malhotra said that after a detailed assessment of evolving macroeconomic and financial conditions, the MPC voted unanimously to leave t...
The directive is likely to affect the banks as well as borrowers while reinforcing the independence of the MPC meetings, which have recently received recommendations from internati...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has cautioned against renewed pressure on the apex b
Nigeria’s foreign exchange market showed greater stability in April 2026 as the naira strengthened against the United States dollar, supported by aggressive liquidity-control measu...
The Bank of Jamaica says it is maintaining its policy rate at 5.5 per cent amid continuing global uncertainty. The Bankâ...
Holds key interest rate at 2.25%
Nigeria’s private sector credit recorded a major decline after the Central Bank of Nigeria reduced interest rates earlier this year, raising fresh concerns over weak lending to bus...
The Bank of England held interest rates at 3.75 per cent today despite other central banks raising rates following the inflation shock caused by the Iran war.
The Central Bank of Nigeria launches the Nigerian Overnight Financing Rate (NOFR) to boost financial market credibility, transparency, and monetary policy Read More: https://punch...
The RBI upped the FY27 retail inflation projection 5.1 per cent (earlier projection: 4.6 per cent) and cut the real GDP growth projection to 6.6 per cent (6.9 per cent)
ASB's hold call, set against many banks expecting a hike, underscores just how close market pricing suggests Wednesday's decision will be, with the bank explicitly acknowledging th...
N105bn cash returns to banks after February rate cut, following the Central Bank of Nigeria’s decision to lower interest rates. Find out more. Read More: https://punchng.com/n105b...
The Bank of England’s Monetary Policy Committee (MPC) has decided to hold interest rates at 3.75% for the fourth successive time today (18 June) amid a mixed economic backdrop.
While rates were previously expected to fall this year, worries about an inflation spike caused by the conflict in Iran have led the Bank to behave cautiously.
The move is expected to impact commercial bank lending rates because changes in the central bank rate typically influence the cost of borrowing for businesses and households.
MANILA (Update 3:56 p.m.) — The Philippine central bank raised its key interest rate by 25 basis points to 4.75% on Thursday, it said in a statement. Twenty of 25 economists in a R...
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