Bank of Ghana Announces Monetary Policy Meeting
The Monetary Policy Committee of the Bank of Ghana will next week hold a meeting over the country’s policy rate.
The meeting will review developments in the economy.
The 125th Regular Meetings will begin on Monday, July 21, 2025, and end on Wednesday, July 23, 2025.
It will conclude with a press conference on Wednesday, July 23, 2025, to announce the decision of the Committee.
In its last meeting, the Committee increased its policy rate by 100 basis points to 28% in a bid to rein in inflation.
In addition, the Central Bank is implementing complementary measures to strengthen liquidity management and enhance monetary policy transmission.
In this regard, the Bank said it will introduce a 273-day instrument to augment the existing sterilization toolkit, intensify the monitoring of banks’ Net Open Positions (NOPs) to ensure compliance and review the current structure of the Cash Reserve Ratio (CRR) to assess its broader impact on liquidity conditions and financial intermediation in the economy.
Source: https://opemsuo.com/author/hajara-fuseini/
