Ghana Interest Rate  2002-2016 | Data | Chart | Calendar | Forecast | News

Ghana's central bank kept its benchmark policy rate on hold at 26 percent on July 18th, 2016. Policymakers left rates unchanged for the fifth straight meeting, mentioning gradual slowdown in inflation and relative foreign exchange market stability. In the year to June, the cedi depreciated 3.3 percent against the US dollar compared to a 26.1 percent depreciation in the same period of 2015. In June, the inflation rate eased to 18.4 percent from 18.9 percent in May. Interest Rate in Ghana averaged 17.56 percent from 2002 until 2016, reaching an all time high of 27.50 percent in March of 2003 and a record low of 12.50 percent in December of 2006. Interest Rate in Ghana is reported by the Bank of Ghana.

Ghana Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
26.00 26.00 27.50 12.50 2002 - 2016 percent Daily
In Ghana, interest rates decisions are taken by the Monetary Policy Committee of the Bank of Ghana. The official interest rate is the Monetary Policy Rate (MPR). This page provides - Ghana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ghana Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-21 11:15 AM Interest Rate Decision 26% 26% 26% 26%
2016-05-16 11:20 AM Interest Rate Decision 26% 26% 26% 26.0221%
2016-07-18 11:10 AM Interest Rate Decision 26% 26% 26%
2016-09-19 11:00 AM Interest Rate Decision 26% 26%
2016-11-21 11:00 AM Interest Rate Decision 26%

Ghana Money Last Previous Highest Lowest Unit
Interest Rate 26.00 26.00 27.50 12.50 percent [+]
Foreign Exchange Reserves 5498.04 5950.99 6028.80 300.26 USD Million [+]
Banks Balance Sheet 63815.03 61952.32 63815.03 1923.60 GHS Million [+]
Deposit Interest Rate 13.30 12.90 35.76 8.89 percent [+]
Central Bank Balance Sheet 40210.92 42628.68 42628.68 4630.30 GHS Million [+]




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