The Central Bank of Nigeria left its policy rate on hold at 27.50% today and, with the disinflation progressing slowly and concerns that low oil prices will put downward pressure on the naira, it looks like it will be a few months yet until policymakers feel comfortable that they can embark on an easing cycle.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.