Ghana's central bank raises key interest rate to 22% - Premium Times


8/18/2022 12:00:00 AM2 years 8 months ago
by Ayodeji Adegboyega

Headline inflation rose to 31.7 per cent in July, from 29.8 percent in June, the 11th consecutive month of increase.

The Bank of Ghana has raised its benchmark interest rate by 300 basis points to 22 per cent in its latest effort to combat the country’s rising inflation. The decision was taken Thursday at the cent… [+2267 chars]

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