CBN Moves MPC Meeting to 19, September 2019

CBN
  • CBN Moves MPC Meeting to 19, September 2019

The Central Bank of Nigeria (CBN) has rescheduled the September 2019 Monetary Policy Committee (MPC) meeting.

In a press release issued by the apex bank on Tuesday, the meeting previously scheduled for Monday, September 23 and Tuesday, September 24, 2019, has now been moved to Thursday, September 19 and Friday, September 20, 2019.

“This is to inform all our stakeholders and the general public that the Monetary Policy Committee (MPC) meeting No. 269, earlier scheduled for Monday, September 23 and Tuesday, September 24,
2019, will now hold on Thursday, September 19 and Friday, September 20, 2019,” the CBN stated.

The CBN left interest rates unchanged in the last MPC meeting, saying global uncertainty has increased the risk associated with emerging assets.

The committee is expected to leave the monetary policy rate unchanged at 13.5 percent next week.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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