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BoG Announces 2.5 per cent Increase In Policy Rate

The Monetary Policy Committee of the Bank of Ghana has raised its benchmark rate by 250 basis points to 17 per cent, citing inflationary pressures. In addition to the upward policy rate adjustment, the BoG will, effective April 1, 2022, increase the Cash Reserve Ratio to 12 percent and reset…
Ernest Addison Governor Of The Bank Monetary Policy Committee Of The Bank Monetary Policy Committee Cash Reserve Ratio Capital Conservation Buffer

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