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Topic: CBN tightens liquidity, as interbank lending rate multiplies  (Read 1416 times)

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CBN tightens liquidity, as interbank lending rate multiplies
« on: August 05, 2017, 07:02:00 pm »
CBN tightens liquidity, as interbank lending rate multiplies

Stanley Opara with agency report The country’s interbank lending rate jumped to 23 per cent on Friday from just five per cent a week ago after the Central Bank of Nigeria tightened liquidity. The more than quadrupling of the rate came after the bank sold a total of N167.6bn ($459.56m) in Treasury bills on Friday […]
Source: CBN tightens liquidity, as interbank lending rate multiplies

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