The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 22%, citing domestic fiscal pressures such as exchange rate fluctuations, volatility in commodity prices, and the anticipated change in US monetary policy.
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Ghana Holds Key Policy Rate On Account Of Weak Growth
THE Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 19%, citing fiscal pressures and the volatilities in exchange rates, inflation outlook, mixed commodity price movements, and weak global growth.