Nigeria Interest Rate Decision

NGN
Actual
17.50%
Forecast
16.50%
Previous
16.50%
Latest Release
Jan 24, 2023
Importance
Overview
Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. These can be: deposit rates, lombard rates, rediscount rates, reference rates etc. Changing them influences economic growth, inflation, exchange rates and unemployment.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jan 24, 2023 16:55 17.50% 16.50%
16.50%
Nov 23, 2022 04:31 16.50% 16.50%
15.50%
Sep 27, 2022 18:30 15.50% 14.50%
14.00%
Sep 27, 2022 17:30 15.50% 14.50%
14.00%
Jul 19, 2022 18:30 14.00% -
13.00%
Clear All
0Selected
Please try another search
Join Interest Rate Decision Discussion

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles