monetary policy

Exchange rate, external pressures may force monetary policy tightening — Analysts

Exchange rate, external pressures may force monetary policy tightening — Analysts

By Peter Egwuatu Despite the Central Bank of Nigeria, CBN’s retention of the benchmark interest rate at 11.5 per cent, a Senior Research Analyst at FXTM, Lukman Otunuga, has said that the apex bank may be forced to tighten its monetary policy before the end of the year if exchange rate differentials widen between the […]