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 […]
Tag: Policy Rate
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 […]