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CBN’ll retain MPR at 14% to sustain dollar inflow — Ebo

IN spite of the optimism expressed by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele about the possibility of reduction in the Monetary Policy Rate (MPR) before July, Chief Executive of Afrinvest Securities Limited, Ayodeji Ebo says a rate cut will be unlikely as this would undermine foreign exchange inflow and stability in the foreign exchange market.

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