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Ghana’s Central Bank Likely to Maintain Policy Rate as Inflation Bites

  • Central Bank likely to hold the policy rate at 29% amid inflation risks.
  • Experts suggest maintaining the rate despite currency depreciation and rising costs.

 

Accra, Ghana – Ghana’s central bank is anticipated to maintain the policy rate at 29 percent as the Monetary Policy Committee (MPC) begins its review sessions on Monday. The policy rate is a crucial determinant of interest rates in the country.

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