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Bank of Ghana Defends Policy Rate Amid Global Uncertainties

The Bank of Ghana has defended its decision to maintain the Monetary Policy Rate (MPR) at 14%, citing easing global oil prices, a favorable inflation outlook, and strong external reserves as factors giving policymakers confidence, while leading economic institutions forecast inflation rates of 5.0% and 4.90% respectively for July 2026.

23 Jul, 12:51 — 23 Jul, 12:51
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