BoG hikes policy rate by 100 basis points from 27% to 28%

The Monetary Policy Committee (MPC) of the Bank of Ghana has hiked the monetary policy rate by 100 basis points from 27 percent to 28 percent.

The move according to the Central Bank Governor, Dr. Ernest Addison is based on macroeconomic adjustments aimed at driving down inflationary pressures.

Dr. Ernest Addison made this known speaking at the 110th MPC press briefing in Accra on Monday, January 30, 2023.

More soon…

Source: Ghanaweb

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Monetary Policy Committee

BoG hikes policy rate by 100 basis points from 27% to 28%

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