Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate unchanged at 16%.
This is the sixth time the policy rate has been maintained at 16% since last year.
Speaking to the media at a news conference Friday, the Governor of the Bank of Ghana, Dr Ernest Addison said the decision was as a result of some threats to the country's economic growth and inflation outlook.
He said the current appreciation of the cedi in the first month of this year had to do with some monetary intervention by the Bank of Ghana and improved supply of dollars in the economy.
More soon…
–Myjoyonline
Dumsor: Don't rush to demand timetable; the problem may be temporary — Atik Moha...
Space X Starlink’s satellite broadband approved in Ghana — NCA
2024 election will be decided on the grounds of the economy; choice of running m...
Dumsor: We're demanding less; just give us a timetable — Kwesi Pratt to ECG
Do I have to apologise for doing my security work, I won’t – Simon Osei-Mensah r...
All my businesses have collapsed under Akufo-Addo — NDC Central regional chair
Military, Prison Officers clash in Bawku, three injured
GRA-SML contract: MFWA files RTI request demanding KPMG report
Court threatens to call second accused to testify if NDC's Ofosu Ampofo fails to...
Family accuses hospital of medical negligence, extortion in death of 17-year-old...
