28.0028.0030.0012.502000 - 2025percentDaily CompareInterest Rate by Country News Stream Ghana Lifts Key Policy Rate to 28% The Bank of Ghana raised its benchmark monetary policy rate by 100 bps to 28% on March 28th, after three consecutive meetings with no changes. The central bank stated th...
Ghana is home to many financial institutions, including commercial, development, and foreign banks. The Bank of Ghana is thecentral bankand issues the nationalcurrency, the Ghana cedi. The Ghana Stock Exchange is located inAccra. Revenue from tourism became a major source of foreign exchange earni...
exchange rate volatility was seen to be influenced by money supply, inflation, Central Bank's policy rate, and the Ghana Stock Exchange composite index. However, in the short-run model, exchange rate volatility was found to be significantly influenced by its past values and the Central Bank's...
Ghana Inflation Rate Slows Again in February Ghana's annual consumer inflation eased for the second month to 23.1% in February 2025, from 23.5% in January, partly due to a more stable exchange rate. Still, the inflation rate remains well above the Bank of Ghana’s 8% target range, with ...
aggregate demand pressures in the economy. Which is stoking excessive demand for goods and services, exchange rates and transport fares. And so when the BoG makes a decision, we weigh these factors that are impugning inflation. The inflation rate has been a difficult one for the central ...
MTN Ghana TelecommunicationsMobile Telecommunications 3.53GHS+0.07/+2.02% As of 15-May-2025 Prev. Close 3.46 Volume 1,321,275 Turnover GHS 4,665,444.70 Deals -- Shares Outstanding 12,290.47 mln Market Cap. GHS 43,385.36 mln From:to: ...
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In the following Table A1, we use data on tax revenues, gross domestic product, Ghana Cedi-USD dollar annual exchange rates from the World Bank Development Indicators to calculate Ghana's tax-to-GDP ratios. We present these ratios with and without the inclusion of our estimates of tax revenue...
Conversely, the short term model showed that exchange rate volatility was notably affected by the central bank's policy rate and past values. Methodology The existing literature on the interplay between public debt (PD), economic growth (GDP), and exchange rates (ER) has utilised various ...
In the same year, Ghana’s central bankrecorded a loss of 60.8 billion cedi(more than $5 billion at the time). The country also suffered other economic shocks such as the depreciation of its currency, mounting debts, and a federal budget “weakened by high energy sector costs” amid “low...