GUTA opposes the Bank of Ghana’s policy rate hike to 28% SpyDa Mar 30, 2025 The Ghana Union of Traders Association (GUTA) has strongly criticized the Bank of Ghana’s recent policy rate…
Banks average lending rates remain around 30% – BoG Evelyn Borquaye Mar 28, 2025 Banks' average lending rates remained around the 30% bracket in the first two months of 2025. According to data…
Ghana’s Artificially High Policy Rate Fails to Tame… SpyDa Sep 18, 2024 The Institute of Economic Affairs (IEA) has raised critical concerns about Ghana’s monetary policy, particularly…
Fitch Forecasts 2% Cut In BoG’s Policy Rate In November SpyDa Aug 6, 2024 Fitch Solutions in its recent report on Ghana has stated that it expects the Bank of Ghana (BoG) to cut its…
BoG Maintains Policy Rate at 30 Percent as Inflation Remains… Rhema Nov 27, 2023 The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has announced its decision to maintain the…
BoG maintains policy rate at 30% for second consecutive time Rhema Nov 27, 2023 The Central Bank has maintained its monetary policy rate at 30%. This is the second time the BoG has maintained the…
Kenya expected to hold policy rate with eye on inflation,… Rhema Oct 3, 2023 Kenya is expected to follow other emerging market central banks that have kept borrowing costs steady over the last…
Monetary Policy Committee hikes policy rate by 50bps; now… SpyDa Jul 24, 2023 The Central Bank has increased its monetary policy rate by 50 basis points to 30%. Policy rate hikes by the…
Journalists for Business Advocacy calls on BoG to cut policy… SpyDa Jul 13, 2023 The Journalists for Business Advocacy (JBA) has called on the Bank of Ghana to consider reducing its benchmark…
Central Bank increases interest rate by 100 basis points Rhema Jan 31, 2023 The Monetary Policy Committee of the Bank of Ghana has increased the Policy Rate by 100 basis points (1 per cent)…
Ghana increases benchmark interest rate to relieve… Rhema Nov 29, 2022 Ghana’s central bank announced an increase of 250 basis points in its benchmark policy rate to 27 percent Monday to…