01
Feb
Bank Of Ghana Maintains Policy Rate At 14.5% The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 14.5% percent. This is the second time the Central Bank has maintained the rate after increasing it by 100 basis points in November 2021. The rate, which is of keen interest to businesses, does not only signal the rate at which the Central Bank will lend to commercial banks; it also subsequently influences average lending rates on loans to individuals and businesses. In a statement issued by the Central Bank, Governor, Dr. Ernest Addison, attributed…