The CBN Governor, Mr Godwin Emefiele, presenting a communique from the MPC meeting, said the committee, through unanimous vote by members, decided to hold all other parameters constant. The Cash Reserve Ratio (CRR) was, therefore, retained at 27.5 per cent, Liquidity Ratio at 30 per cent and the Asymmetric Corridor at plus 100 and minus 700 basis points around the MPR. Emefiele said that recent developments in both global and domestic economy presented two broad options to the MPC. He said the MPC would continue to support the Federal Government in its effort to revamp the productive sector to accelerate economic diversification. "It was either we aggressively address the high inflationary pressure or continue to pursue measures aimed at supporting recovery.