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Bank of Ghana Maintains Monetary Policy Rate at 29%

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Joshua Worlasi Amlanu

Joshua Worlasi Amlanu is a seasoned business and financial journalist with a decade of expertise.
  • Central bank holds rate steady for the second consecutive time
  • Analysts support the decision amid rising inflationary pressures

 

Accra, Ghana – The Bank of Ghana has maintained its monetary policy rate at 29% as it continues efforts to rein in stubbornly high inflation. This marks the second consecutive policy rate hold decision by the Bank.

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