BoG Increases Policy Rate To 30%… Cites Threat Of Rising Inflation In Local, Global Economies

The Monetary Policy Com­mittee (MPC) of the Bank of Ghana (BoG) has increased the Monetary Policy Rate (MPR) by 50 bases points (0.5 per cent) from 29.5 to 30 per cent on the back of uncertainty in the world economic outlook and threat of rising inflation in both the global and local economies.

 
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