Bank of Ghana retains policy rate at 15% in November 2012

The Bank of Ghana today November 14, 2012 retained the policy rate at 15%. The policy rate or interest rate is the base rate at which the central bank lends to commercial banks.

The Bank has maintained the rate at 15% since raising it from 14.5% in April 2012.

The announcement was made at a press conference in Accra this morning by the acting governor of the central Bank, Dr. Kofi Wampah.

Details coming soon.

By Emmanuel K. Dogbevi

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