Tag: Interest Rate
More Reason for Prices to Drop as Lending Rate Consecutively Falls to 27.40%, Making Loans “Cheaper”
Lending rates in Ghana have dropped from 30.07% in January to 27.40%…
Fitch Projects Dip in Ghana’s Current Account Surplus Amid U.S. Aid Cuts
Fitch projects a 3% drop in Ghana’s current account surplus in 2025…
5% Stagnated Savings Rate Raises Questions About Incentives for Ghanaians to Save More
Ghana’s savings deposit rate has remained stagnant at 5% for over a…
Ghana’s High Lending Rates Cooling, But Not Fast Enough for Struggling Businesses
Ghana’s average lending rate has declined slowly from 32.37% to 30.12% over…
Federal Reserve Cuts Interest Rates Again, Third Time This Year
The Federal Reserve cut interest rates to 4.25%-4.5% to spur growth, balancing…
South Africa Cautious on Rates to Avoid ‘Regret,’ Says Reserve Bank Governor
South Africa's central bank cautiously adjusts interest rates amid global uncertainty, focusing…
Treasury Bills Oversubscribed, But Rising Rates Hike Borrowing Costs
Ghana Treasury Bill Auction Marginally Oversubscribed Amid Rising Rates The government of…
GH₵6.59B Realized in BoG Latest Auction of 56-Day Bills At 26.93%
Bank of Ghana, interest rate, liquidity management, inflation, short-term securities, open market…
Government Exceeds T-bills Target After Period of Undersubscription
Government exceeded its borrowing target by 1.07%, securing GH¢4.6 billion after increasing…
Economist Criticizes Policy Rate Cut Amid Economic Growth and High Inflation
Economist Prof. Patrick Asuming critiques Bank of Ghana's unexpected 200 basis point…
South Africa Lowers Interest Rates for First Time Since 2020
South Africa's central bank cut interest rates by 25 basis points to…