Stay policy rate over inflation, Cedi scare-Analysts

September 18, 2018 The current depreciation of the cedi and the inching up of inflation will not allow the Monetary Policy Committee (MPC) of the Bank of Ghana to reduce the policy rate this time, economic...

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September 18, 2018 / Comments (0)

Inflation rises to 9.9% in August

September 13, 2018 Inflation for the month of August inched up to 9.9 per cent, 0.3 percentage points higher than the 9.6 per cent recorded for July 2018, the Ghana Statistical Service (GSS) has announced....

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September 13, 2018 / Comments (0)

Inflation drops to 9.6% in July

August 16, 2018 Inflation, the measure of the average change in prices of goods and services, dropped from 10 per cent in June to 9.6 per cent in July. The decrease was influenced by a corresponding...

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August 16, 2018 / Comments (0)

Central bank stays policy rate on inflation scare

July 24, 2018 After inflation inched up for two consecutive months (May and June), the central bank has decided, at its latest monitoring policy meeting, to maintain its policy rate at 17percent, as a...

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July 24, 2018 / Comments (0)

Cedi records mix fortunes

June 19, 2018 The cedi rode on ill sentiments to advance against the British pound and the euro but softened against the US dollar in the holiday-shortened week. While the local currency gained 0.83 per...

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June 19, 2018 / Comments (0)

BoG signals effects policy rate cut in less than 2 years

May 22, 2018 The Monetary Policy Committee (MPC) of the central bank has voted for the sixth time in under 18 months to reduce its policy rate, from 18 to 17 percent, after April’s inflation dropped...

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May 22, 2018 / Comments (0)