ACCRA, May 23 (Xinhua) -- Ghana's central bank announced a further 200 basis points hike in its benchmark lending rate Monday to tame the ever-mounting inflationary pressure amid global price uncertainties and supply chain disruptions.
Ernest Addison, Governor of the Bank of Ghana, announced this at a press briefing after the bank's 106th Monetary Policy Committee (MPC) meeting.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
