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Published 2 years ago

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against 'Unacceptable Depreciation of the Cedi' – Bitcoin News

Summary by Ground News
Ghana's inflation rate topped 31.7% in July. The Bank of Ghana has now hiked the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks' primary reserve requirements. One expert has said President Nana Akufo-Addo must trim the size of his government.

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Bitcoin.comBitcoin.com

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against 'Unacceptable Depreciation of the Cedi' – Bitcoin News

In addition to the rate hike, the Ghanaian central bank said it will gradually raise banks' primary reserve requirements.

2 years ago
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coinxhighcoinxhigh

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In

2 years ago
Read Full Article
us.comus.com

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against 'Unacceptable Depreciation of the Cedi' – Bitcoin News - DailyCrypto

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said President Nana Akufo-Addo must trim the size of […]

2 years ago
Read Full Article
NewsEverythingNewsEverything

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ – Bitcoin News – Investing NewsEverything

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition

2 years ago
Read Full Article
MetaCrunchMetaCrunch

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against 'Unacceptable Depreciation of the Cedi' – Bitcoin News

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said President Nana Akufo-Addo must trim the size of […]

2 years ago
Read Full Article
winnquick.comwinnquick.com

Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ – Bitcoin News

After seeing Ghana's inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition

2 years ago
Read Full Article
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