Ghana Keeps Rates Steady With Cedi Rally Set to Tame Inflation
Ghana's central bank kept its key interest rate on hold to maintain downward pressure on inflation, which is expected to get a boost from the West African nation's world-beating currency.
The monetary policy committee maintained the policy rate at 28%, Governor Johnson Asiama told reporters on Friday in the capital, Accra. All three economists in a Bloomberg survey correctly predicted the decision.
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