Money Market Rates Decline As System Liquidity Rises To N810bn

Money market rates experience a decline as liquidity levels in the banking system increase, driven by cash reserve refunds and inflows from maturing OMO bills worth N317.66 billion. These inflows push the available liquidity in the financial system to approximately N810 billion on Tuesday, up from N402 billion, offering local deposit money banks more access … Continue reading Money Market Rates Decline As System Liquidity Rises To N810bn