Ghana has increased its interest rates by 1 percentage points, from 13.5% to an annual rate of 14.5%.
The key rates a tool used by Central Banks to implement monetary policy.
An increase in interest rates is used to slow down inflation and protect the currency.
This change is the first to have taken place since on May31th 2021, when the Central Bank lowered interest rates by 1 percentage points to 13.5%.
Here we show you the progression of interest rates in Ghana. You can see interest rates in other countries in interest rates and see all the economic information about Ghana in Ghana economy.