CRR increase will compound real sector’s problems – Stakeholders

The Central Bank of Nigeria’s increase of Cash Reserve Requirement on public sector deposits from 50 to 75 per cent will further dampen hopes of funding for the real sector, especially the Small and Medium Enterprises, stakeholders have said.  The CBN at its first Monetary Policy Committee meeting for the year had raised banks’ CRR... 
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Added February 20, 2014
from The Punch News