Business News of Thursday, 14 June 2012
Source: Joy Online
Monetary Policy Rate increased from 14.5 to 15%
The Monetary Policy Committee of the Bank of Ghana has increased the Policy Rate for the third successive time.
It raised the benchmark lending rate to 15 percent from 14.5 percent.
Governor of the Bank of Ghana Kwesi Amissah-Arthur explained the rate was increased because of risk to government fiscal operations, inflation and growth.
