Naira Steady After CBN Retains Interest Rate At 26.5% • Channels Television
The Naira steadied against the United States Dollar early Thursday in the official window for formal trade, the Nigerian Foreign Exchange Market (NFEM), after the Monetary Policy Committee (MPC) of the Central Bank of Nigeria voted to retain the Monetary Policy Rate (MPR) at 26.5%. The CBN’s decision followed its 305th meeting on May…