Bank of Ghana policy rate still unchanged at 13.5%
The Bank of Ghana Monetary Policy Committee (MPC) has held its policy rate at 13.5%.
The chairman of the MPC, central bank governor, Kwesi Amissah-Arthur announced this at a press conference at the Bank’s premises in Accra this morning.
This is the third time in the year that the policy rate has remained unchanged at 13.5%.
The policy rate is the rate at which the central bank lends to commercial banks. It was first cut to 13.5% from 15% in July 2010.
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By Emmanuel K. Dogbevi