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). ActualPreviousHighestLowestDatesUnitFrequency 27.0029.0030.0012.502000 - 2024percentDaily ...
The question of the optimal spread between bank lending rates and rates that banks pay on deposits, which is fair to bankers, depositors and borrowers, has dogged economies for some time. In Ghana, there is widespread perception that the spread is too wide. Bankers, on the other hand ...
Noun1.prime interest rate- the interest rate on short-term loans that banks charge their commercial customers with high credit ratings interest rate,rate of interest- the percentage of a sum of money charged for its use Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton...
The perceived wide interest spread charged by banks in Ghana continues to ignite many debates as to whether the commercial banks are taking advantage of Ghana's trade liberalization to make excessive profits or such banks are constrained to charge significant spreads due to economic variables that ...
This study examined the effects of interest rates on business developments in Ghana. The convenient sampling procedure was used to select thirty (30) enterprises and four banks for the research. Regression analysis was the major statistical tool used to analyze the data...
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gold diggers' paradise Barrick, Resolute, GAC, Iamgold, Orano: All you need to know about the Sahel mining fiascoThe arrest of the Resolute Mining executives on 8 November in Bamako is the latest example of how West African miners in junta-controlled Mali, Burkin... ...
Macroeconomic Determinants of Interest rate Spread in Ghana: Evidence from ARDL Modelling Approach The Ghanaian economy appears to be in a certain cycle of high lending and low borrowing rates culminating in wide interest rate spreads. A number of studies point to the fact that the spread between...
Looking at the central banks of developing countries, it is observed that in cases where the exchange rates are extremely volatile, they tend to increase or decrease the interest rates in general and thus prefer the way to keep the exchange rates in balance. In this paper, we focus on ...
Reducing neonatal mortality in rural Ghana : understanding current newborn care practices and their cultural context Dramatic improvements have been made in child survival over the last 30 years. However, despite the gains of the child survival revolution, neonatal mortality rates have stagnated as inf...