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Federal finance and statistics / Central Bank of Nigeria

MPC Meets: Moves To Tackle Inflation

The Monetary Policy Committee met on Tuesday, April 1, 2008 and expressed concern over the current rate of inflation. The committee therefore, resolved to raise the monetary policy rate (MPR) by 50 basis point from 9.5 to 10.0 per cent in order to check the inflationary trend. click for more

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