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Ghana central bank surprises with first rate hike since July 2023 – Reuters

Source link : https://afric.info/news/ghana-central-bank-surprises-with-first-rate-hike-since-july-2023-reuters/

In a move that ⁢has⁤ taken markets by surprise, Ghana’s central bank has announced its first interest rate hike since July ​2023, signaling a shift in monetary policy‍ amid​ ongoing economic ‌challenges. The Bank⁤ of Ghana ⁣is⁣ responding to rising⁤ inflationary pressures​ and a ‌fluctuating ⁢cedi, with‍ the hike aimed at stabilizing ​the economy and bolstering investor confidence.⁢ This decision⁤ comes as the country navigates a complex landscape of…

Source link : https://capital-cities.info/2025/04/13/africa/ghana/ghana-central-bank-surprises-with-first-rate-hike-since-july-2023-reuters/

Author : Isabella Rossi

Publish date : 2025-04-13 10:24:00

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Author : africa-news

Publish date : 2025-04-13 21:32:00

Copyright for syndicated content belongs to the linked Source.

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NATO’s Rutte backs Bosnia after separatist moves by Serbian region – Al Jazeera ¤

WPL 2025: We let ourselves down in crucial moments, says RCB’s Wareham