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Sanusi: CBN reduces inflation, targets 6 to 9 per cent

Posted by Unknown Jumat, 01 November 2013 0 komentar

The Central Bank of Nigeria (CBN) says it wants inflation in a variety between 6-9 per cent, lowering the regulator's previous target of keeping in single-digits.CBN's governor, Lamido Sanusi, told Reuters on Wednesday, he expects it to complete the year below that level...Inflation in Nigeria fell to a new five-year low of 8 per cent in September. Sanusi added that despite lower prices he did not think there was likely to be an interest rate cut in the near future.

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