The Monetary Policy Committee of the Bank of Ghana has kept its policy rate unchanged at 14.5 per cent.
Speaking at a virtual Monetary Policy Committee (MPC) Meeting Press Conference, Ernest Yedu Addison, the Governor of the central bank said this was due to growth concerns.
Answering questions from journalists he noted that the BoG still needs more time to look at the impact of current development on reserves and the the banking sector.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
CCCFS, GMet train religious leaders on weather forecast interpretation
4 minutes -
KNUST researchers develop AI technique to improve image recognition accuracy
4 minutes -
Body of missing 3-year-old found in abandoned dam at Bibiani
6 minutes -
DKT International Ghana, Upper Manya MP hand over CHPS compound, borehole to Aframase
10 minutes -
UNIA signs MoU with Abibitumi, R2GH to facilitate repatriation, citizenship acquisition for black people worldwide
37 minutes -
Rainstorm wreaks havoc in Akatsi South
1 hour -
D-Black clears the air on fight between his crew and client at RNAQ40
1 hour -
ACEYE releases IGIPTEP report, assessing the performance of Ghana’s government institutions
2 hours -
Photos: Mahama observes Eid Al-Fitr with Muslim community at Black Star Square
2 hours -
Bono Regional Minister rallies Muslims support towards galamsey fight
2 hours -
Russia still ‘working with US’ after Trump says he is ‘angry’ with Putin
2 hours -
Trade Ministry pledges commitment to agricultural transformation at UKGCC Grand Challenge Programme
3 hours -
NLA’s Chief Internal Auditor honoured at the Ghana Executive Management Awards
4 hours -
African Forest Forum launches AY4F platform to empower young forestry professionals
4 hours -
A Rocha Ghana warns of devastating impact of L.I. 2462 amendment
4 hours