Accra, July 30, 2025 (AFP) - Ghana cuts benchmark interest rates 3% as inflation eases

NAMPA / AFP

2025-07-30

Ghana's central bank Wednesday cut its benchmark interest rate by three percent on the back of easing inflationary pressures, as the west African country emerges from a severe economic crisis. The Bank of Ghana announced that its benchmark rate would drop from 28 percent to 25 percent -- the first such reduction in more than a year, which comes as the cedi currency has recovered against the dollar. "We remain committed to our price stability mand......

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