BoG maintains policy rate at 30% [VIDEO]
Emmanuel Bruce Business News
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 30 per cent.
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Despite the broad improvement in economic conditions supported by a decline in inflation and stable currency, the committee decided to maintain a tight monetary policy stance to re enforce the current disinflation path.
The committee was of the view that the current inflation rate of 35.2 per cent was still high which required a tight monetary stance.