(Reuters) - Ghana's central bank - The Bank of Ghana, raised its main policy rate by 200 basis points 18 percent on Thursday in a drive to curb a fall in the cedi currency and combat external pressures, Governor Henry Kofi Wampah told a news conference.
It was the first shift in the rate since May. A move had been expected, although most analysts forecast a 100 basis point rise. Analysts said they welcomed the decision.
Ghana follows emerging markets such as India, Turkey and South
No comments:
Post a Comment