By Adnan Adams Mohammed Global financial dynamics and regional banking benchmark frameworks are facing major policy reviews as financial experts call for structural reforms to Ghana’s interest rate reference …
Tag:
Ghana Reference Rate (GRR)
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Economy and Finance
Ghana Reference Rate hits 10% as banks pivot to real economy
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s financial landscape is undergoing a radical transformation as the Ghana Reference Rate (GRR) plummeted to a historic low of 10.06% as at last week. The …
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Economy and Finance
Bank lending rates fall in response to latest BoG benchmark interest rate cut
by Adnan Adamsby Adnan AdamsBy Toma Imirhe Following the latest cut by the Bank of Ghana’s Monetary Policy Committee (MPC) to its benchmark Monetary Policy Rate (MPR) which it trimmed it by 250 basis …
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Economy and Finance
A High-Stakes Economic Dialogue: Otumfuo Demands Relief from “Crippling” Interest Rates as BoG Governor Pledges 10% Target by 2028
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) is walking a tightrope between fostering economic recovery and guarding against inflationary risks. The delicate balance was the central point …
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The International Monetary Fund (IMF) has admonished the Bank of Ghana (BoG) to tread carefully on further easing of the policy rate, emphasizing the need for a data-driven approach. “With …