• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

Monetary Policy Rate maintained!

5 years ago
in Banking & Finance, Business, Economy, highlights, Home, home-news, latest News
1 min read
0 0
0
84
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

GAB CEO Urges Ghanaians to Support Efforts in Safeguarding Cedi Stability

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

The Central Bank has maintained the Monetary Policy Rate (MPR) at 14.5 per cent.

The decision by the Central Bank to maintain the MPR, according to Dr Ernest Addison, is on the back of balanced inflation and economic growth.

“Under the circumstances, the committee is of the view that the race to immediate outlook for inflation and growth are broadly balanced and decided to keep the policy rate at 14.5 per cent,” noted the Governor at the Central Bank’s 96th Monetary Policy Committee (MPC) press briefing.

The current MPR – reduced by 150 basis points from a previous 16 per cent policy rate – was reached and implemented by the Central Bank as part of counter-cyclical measures to mitigate the impact shock of the coronarivurs pandemic on the country.

Speaking further at the 96th MPC press briefing, the Governor also noted that, headline inflation which currently stands at 10.5 per cent is anticipated to return to the medium target band of 8+-2 by the second quarter of 2021.

Via: Snr Fuaad Dodoo
Tags: BOGDr Ernest AddisoninflationMPCMPR
No Result
View All Result

Highlights

Gold Price Bounces Back Above $4,000

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

BoG Maintains High Short-Term Yields, Raises GHS3.13bn in Auction as Investor Demand Stays Firm

Republic Bank Ghana’s Assets Rise to GHS 9.76bn in Q3 2025 on Strong Loan and Cash Growth

GSE Opens Week Positive as Financial Stocks Lift Market Indices

Kyei-Mensah-Bonsu Lauds GoldBod’s Role in Boosting Ghana’s Economic Recovery

Trending

Business

GAB CEO Urge Ghanaians to Prioritise Use of Cedi 

October 28, 2025

GAB CEO Urge Ghanaians to Prioritise Use of Cedi  Chief Executive Officer of the Ghana Association of...

GAB CEO Urges Ghanaians to Support Efforts in Safeguarding Cedi Stability

October 28, 2025

From Shells to Screens: Experience 60 Years of the Ghana Cedi in Augmented Reality

October 28, 2025

Gold Price Bounces Back Above $4,000

October 28, 2025

Ghana Risks Losing Competitive Edge in Oil Sector – Dr Theo Acheampong Warns

October 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.