Bank

BoG May Hold Rate At 4 1/2-Year Low With CPI In Check

Ghana’s central bank is likely to keep its key interest rate at a 4 1/2-year low of 17 percent for a third consecutive meeting on Monday as inflation stayed within its target band and the currency stabilized, according to all seven economists in a Bloomberg survey.

The currency weakened 12 percent against the dollar from a 2018 strong point in March, but has gained 2.1 percent since reaching an Oct. 1 low.

Bloomberg.com