MPC seeks fiscal support on naira stability, retains interest rate at 27.5%

Guardian | 21-05-2025 05:42pm |

New fiscal policies to boost local production, reduce foreign currency demand pressures and lessen the pass-through effect on prices received attention yesterday, as the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), at its 300th meeting, held the policy rate at 27.5 per cent.The post MPC seeks fiscal support on naira stability, retains interest rate at 27.5% appeared first on The Guardian Nigeria News - Nigeria and World News.

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