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All posts tagged "immediate future"

  • CBN directs banks to keep 50% of public sector deposit as cash

    The Monetary Policy Committee,MPC, of the Central Bank of Nigeria,CBN, on Tuesday, voted unanimously to raise the Cash Reserve Ratio,CRR, for government deposits from 12 to 50 percent. The CRR which is the percentage of deposits banks...

    • Posted July 24, 2013
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