Ghana to Hold Rates as Cedi Dive Keeps Inflation High
- Most economists expect central bank to keep rates unchanged
- Currency has weakened 10% against the dollar since March 25
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Ghana’s policymakers are poised to keep interest rates unchanged for a consecutive meeting to put a lid on high inflation and shore up its currency.
Most economists surveyed by Bloomberg foresee the monetary policy committee maintaining the benchmark rate at 29% when Governor Ernest Addison gives the panel’s decision later on Monday in the capital, Accra.