Monetary Policy Committee of BoG keeps policy rate at 30%

The Monetary Policy Committee of the Bank of Ghana (BoG) has kept the Policy Rate at 30 percent.

The Committee kept the rate at which it lends to commercial banks unchanged due to concerns about inflation outlook.

This is the second consecutive time the Committee has maintained the rate.

Addressing the media, Governor of the Bank of Ghana, Dr. Ernest Addison noted that the Committee is also worried about some global developments which could impact negatively on the economy.

More soon…

Source: Ghana News