Ghana Reference Rate Drops: Borrowing Costs See Slight Relief in May 2026 | News Feed

#ChannelOneNews #GhanaEconomy #InterestRates #Banking #GRR #Finance

The Ghana Association of Banks has announced a marginal decline in the Ghana Reference Rate (GRR) to 10.03% for May 2026, down from 10.06% in April.

The adjustment reflects a gradual easing in borrowing conditions, suggesting a slow but steady improvement in Ghana's interest rate environment.

Analysts say the trend could offer modest relief to businesses and households as lending costs begin to stabilise.c

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