Prolonged deviation in the interbank interest rate from the prime rate illustrate the challenges the Bank of Ghana faces when targeting a short-term money market interest rate. Asymmetries in the wholesale market adjustment possibly relate to monetary policy signaling, weak policy credibility, and ...
Autor:in: Anonymous Category: Bachelor Thesis , 2023 , Grade: 2,0 Price: 29.99 € Effect of monetary policy on exchange rate in Rwanda Autor:in: Anonymous Category: Term Paper , 2024 , Grade: 7.9 Price: 16.99 € Inflation und ihre volkswirtschaftliche Wirkung. Inflationsursachen...
ACCRA, March 26 (Xinhua) -- Monetary authorities of Ghana on Monday announced a 200 basis point cut in its benchmark policy rate to 18 percent, down from 20 percent. The decision, by the Monetary Policy Committee of the Bank of Ghana, was made possible due to subdued inflationary pressures...
“I truly wonder whether classical theories are the way to continue,” muses Ken Ofori-Atta, Ghana’s finance minister, who is one of several African ministers pondering such ideas. “We have to get rates low and growth going,” shrugged another at a recent summit on green finance in ...
A main result of the paper is that the Fed's monetary policy can be characterized by a nonlinear interest rate rule only before 1979 and with respect to the output gap. According to the model, these estimates imply an average inflation bias around 1.5% before 1979 but a value not statistic...
ACCRA, Sept. 19 (Xinhua) -- Ghana's central bank has for the fourth time retained its benchmark Monetary Policy Rate at 26 percent, to combat the high inflationary trends, governor of the bank Abdul-Nashiru Issahaku announced here on Monday. ...
from 31.7% in February. The naira has been losing ground against the dollar since mid-2023 and even a recent strengthening of the Nigerian currency did not change the inflationary trend. The Central Bank of Nigeria has raised its monetary policy rate twice this year by 600bp in total, to...
Sri Lanka will adopt this third rate monetary regime – not practiced by any stable country – but is operated in many of the country’s that defaulted – Ghana was targeting inflation at 8 percent, and Argentina 17 when it collapsed in 2018 for the n’th time. ...
We estimate macro-models for Uruguay and Chile to analyze the exchange rate pass-through.The model with imperfect credibility in monetary policy has a better empirical fit in Uruguay.The exchange rate pass-through is lower when monetary policy is more credible.The estimated exchange rate stabilizatio...
Yemen 63.20% Sierra Leone 63.00% Montenegro 62.27% South Africa 62.20% Malawi 62.00% Sudan 62.00% Uruguay 61.30% Israel 59.90% Germany 59.80% Finland 59.40% Ghana 59.30% Zambia 59.00% Ireland 58.80% Bolivia 57.70% Vietnam 57.50% Kenya 57.00% Ethiopia 57.00% Gabon 56.40% Seychelles 55.00% ...