Today, Wednesday, the Central Bank in New Zealand raised the main interest rate by 75 standard basis points and pointed to more stress despite the recession waving on the horizon.
The Nigerian Monetary Policy Committee decided to raise the official monetary average to 4. 5 % from 3. 5 %.
The bank tightened its monetary policy by 400 basis points over the nine consecutive meetings. The current official level level is the highest since January 2009..
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