Nigeria's central bank to hold rates at 12 percent as new chief eyes inflation and currency risk

Nigeria's Central Bank

Nigeria‘s central bank will leave interest rates unchanged for the 17th time in a row next week as it tries to balance controlling inflation and supporting the naira currency with fostering growth, a Reuters poll found.

Tuesday’s monetary policy committee (MPC) meeting will be the first chaired by new central bank Governor Godwin Emefiele and will be closely watched by foreign investors and analysts.

Read more: Nigeria to hold rates as new central bank chief eyes inflation-Reuters Poll | Reuters.