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

    • Post author:MiamiCrypto
    • Post published:August 23, 2022
    • Post category:Bank of Ghana/cedi/COVID-19/depreciation/Economics/Foreign exchange/Ghana benchmark rate/inflation/President Nana Akufo-Addo/Ukraine Russia conflict/University of Ghana

    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…

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