Money market interest rates experienced upward pressure last week as liquidity in the banking sector came under strain due to Cash Reserve Ratio (CRR) debits and corporate tax remittances, according to a report by Cowry Asset Management Although the system opened the week with a liquidity surplus, driven by a ₦150 billion inflow from OMO … Continue reading Liquidity Squeeze Drives Money Market Rates Higher Amid CRR And Tax Outflows