Tuesday, November 30, 2021

Ghana interest rate at 16 percent

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EllSamwise King
Civil Engineer & IT Expert, Blogger, Entrepreneur, and Philanthropist. CEO of Skyline Consortium & Heylux Inc. An alumnus of Prempeh College where he read General Science. Holds a first class degree in BSc. Civil Engineering from the Kwame Nkrumah University of Science and Technology & BSc. Information Technology from NIIT-Ghana. Mentors/role models; Alvar Alto, Rupert Murdoch, Piers Mogan, Mensa Otabil, Bernard ElBernard Nelson-Eshun. Blogs for; www.233times.com | www.paemuka.com | www.ghbreakingnews.com | www.muzikiq.com | www.brandsaid.biz Social Media Mogul and Digital Marketer. SM Manager for Dr. Mensa Otabil | ICGC Worldwide, co-founder | Eon3 Group | Brands Aid | Calvary Temple - ICGC | Team Sarkodie, founder | Global Edge Pictures | Muzik IQ, founder

The benchmark interest rate in Ghana was last recorded at 16 percent. Ghana Interest Rate – data, historical chart, forecasts and calendar of releases – was last updated on March of 2020.

Calendar GMT Actual Previous Consensus TEForecast
2019-07-19 02:00 PM 16% 16% 16% 16%
2019-09-20 12:00 PM 16% 16% 16% 16%
2019-11-25 01:00 PM 16% 16% 15.75% 15.75%
2020-01-31 11:30 AM 16% 16% 16% 16%
2020-03-23 11:00 AM 16% 15%
News Stream
Ghana Unexpectedly Holds Key Rate at 16%

The Bank of Ghana left its benchmark interest rate steady at 16% during its November meeting, against market expectations of a 25 bps cut. The decision was mostly a result of proposal to rise the budget deficit to 4.7% in 2020 from 4.5% in 2019 which would threaten economic growth and inflation outlmore

2019-11-25

Ghana Leaves Policy Rate at 16%

The Bank of Ghana held its benchmark interest rate at 16% during its September meeting, as widely expected, saying that economic growth remains strong and the medium-term outlook is positive, amid expectations of higher production in the oil and gas and mining sectors. Policymakers noted that despitmore

2019-09-20

Ghana Holds Policy Rate at 16%

The Bank of Ghana held its benchmark interest rate at 16 percent during its July meeting, saying that economic growth is expected to remain robust in the second half of the year while inflation has remained within the target range in the last 15 months. Still, policymakers voiced concerns about uncemore

2019-07-19

Ghana Leaves Key Interest Rate at 16%

The Bank of Ghana held the prime lending rate steady at 16% at its May 27th 2019 meeting, as widely expected. Policymakers said that despite the rise in headline inflation to 9.5% in April 2019 from 9.3% in March, it remains inside the medium term target band and inflation expectations are well-anchmore

2019-05-27

Ghana Interest Rate
In Ghana, interest rates decisions are taken by the Monetary Policy Committee of the Bank of Ghana. The official interest rate is the Monetary Policy Rate (MPR).
Source: tradingeconomics.com
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