Bank of Ghana keeps policy rate at 14.5% citing growth concerns

Last Updated on March 17, 2021 by MyGh.Online

The Monetary Policy Committee of the Bank of Ghana has kept its policy rate unchanged at 14.5 per cent.

Speaking at a virtual Monetary Policy Committee (MPC) Meeting Press Conference, Ernest Yedu Addison, the Governor of the central bank said this was due to growth concerns.

Answering questions from journalists he noted that the BoG still needs more time to look at the impact of current development on reserves and the the banking sector.

Source link

Read Also  Welcome news - Food prices expected to fall in August

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings