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The Bank of Ghana has been urged to increase the Policy Rate – the rate at which it lends to commercial bank – by 200 basis points from 14.5% to 16.5% to stem inflation. According to the Institute of Economic Affairs, this will increase the attractiveness of cedi-denominated assets to …
Read More »Increase Policy Rate To 16.5% To Address Cedi Depreciation, Others – IEA To BoG
