Ghana’s central bank on Thursday maintained its benchmark policy rate at 14 percent despite global uncertainties, marking the third time it has held the rate […]
Tag: Policy Rate
BoG cuts policy rate to 14 pct amid geopolitical tensions
The Bank of Ghana (BoG) on Wednesday cut its benchmark interest rate by 150 basis points to 14 percent amid ongoing geopolitical tensions in the […]
BoG cuts policy rate by 250 basis points
The Bank of Ghana (BoG) on Wednesday announced a further 250-basis-point cut in its benchmark lending rate to 15.5 percent to boost growth after inflation […]
BoG cuts down policy rate by 300 basis points to 25%
The Bank of Ghana (BoG) announced on Wednesday a cut its benchmark policy rate by 300 basis points, following a Monetary Policy Council (MPC) meeting […]
BoG holds policy rate unchanged as inflation eases
The Bank of Ghana on Friday held its benchmark interest rate unchanged at 28 percent, citing a stronger local currency and easing inflation. Bank of […]
IPPA says BoG’s 28% policy rate abnormal
The Institute of Public Policy and Accountability (IPPA) says the hike in the policy rate by the Bank of Ghana (BoG) recently as abnormal. The […]
Bank of Ghana raises policy rate to curb inflation
Ghana’s central bank has announced a 100-basis-point hike in its benchmark lending rate to 28 percent to curb the persistent inflation in the country. Johnson […]