UBA: Money market rates remain elevated on suppressed liquidity

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CNBC Africa

Joined: Mar 2024
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UBA: Money market rates remain elevated on suppressed liquidity


Traders at UBA expect money market rates to remain elevated on the probability of persistent suppressed system liquidity. Meanwhile, investors await the outcome of today’s 166-billion-naira T-bills auction. Chuka Nwachukwu, Head of ALM and Balance Sheet Management at UBA joins CNBC Africa for more market movements.

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