Monetary Policy Rate (MPR)
The CBN's main interest rate. When it goes up, borrowing costs and savings rates tend to rise too.
A plain-language explanation from 20kobo, where the word is used beside the figure it describes.
The CBN's main interest rate. When it goes up, borrowing costs and savings rates tend to rise too.
A plain-language explanation from 20kobo, where the word is used beside the figure it describes.