Browsing: The Monetary Policy Committee

Banks may shake on MPC’s CRR move –Cardinalstone. The increase in cash reserve ratio by 500 basis points may wobble deposit money banks, analysts at Cardinalstone partners have said.

CBN hawkish bias to inverse yields, fragment N900bn from Banks Vaults. Experts have said that the apex bank hawkish bias on cash reserve ratio (CRR) requirement would reverse negative yields, though about N900 billion would be quarantine from Banks vaults.