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Topic: Interbank rate rises as excess liquidity persists  (Read 1404 times)

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Interbank rate rises as excess liquidity persists
« on: June 13, 2016, 01:00:29 AM »
Interbank rate rises as excess liquidity persists

Oyetunji Abioye  with agency report The nation’s overnight interbank rate rose to an average of four per cent on Friday, up from three per cent the previous week, as the Central Bank of Nigeria’s attempt to mop up excess liquidity from the banking system faltered. Traders said the CBN failed to sell Treasury bills at


The post Interbank rate rises as excess liquidity persists appeared first on Punch Newspapers.


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