Ghana Monetary Policy Rate Bank of Ghana maintains Policy Rate

This will be the second consecutive time the committee has maintained the policy in reflection with current macroeconomic indicators.

  • Published:
Governor of the Bank of Ghana play

Governor of the Bank of Ghana

24/7 Live - Subscribe to the Pulse Newsletter!

The policy committee of the Bank of Ghana has maintained the Policy Rate for March at 26%.

This will be the second consecutive time the committee has maintained the policy in reflection with stabilizing current macroeconomic indicators.

                                           Read More

Announcing the Policy Rate on Monday, Governor of the Bank of Ghana, Dr. Henry Kofi Wampah said the risks from inflation and exchange appears to have stabilized, while risks from exchange rate still pose a challenge although minimal.

“ In all we find it  necessary to maintain the policy rate at 26% in reflection of these indicators”, he said.

The Governor also mentioned energy stability as one of the main reasons of the monetary policy rate.

This  is in line with expectations of industry players who spoke to Pulse Business. They expectated the policy rate to stay at 26 percent in line with stabilizing economic indicators.

Read More:> Ghana Monetary Policy Rate Banking sector players expect unchanged Monetary Policy Rate

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Software Scandal EOCO indicts SSNIT managers over $72m software scandalbullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Collapsed Banks Assets of UT Bank and Capital Bank for salebullet
4 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
5 David Ampofo Writes Is Ghana's cashew another cocoa?bullet
6 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet
7 Retirement How to calculate your SSNIT pensionbullet
8 In Accra Susu collectors give gov’t 1 week ultimatum to...bullet
9 NPP Government Nana Addo nominates Dr Agnes Adu as MD of...bullet
10 In Singapore Government to pay bonus to all citizens...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 Money Alert Meet Africa's richest womanbullet
4 Support Finance minister buys Kantanka carbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
7 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
8 MTN Mobile Money Adbullet
9 Video We are determined to move Ghana beyond aid - Bawumiabullet
10 Plane Crash Starbow suspends operations following...bullet