The Monetary Policy Committee (MPC) of the Bank of Ghana held its 58th meeting on November 25 to 27, 2013 to review the latest economic developments and the monetary policy stance.
The Committee left its main policy rate unchanged at 16.0 percent.
The MPC held the view that the upside risks to inflation, though elevated, are mainly structural and therefore may not need to be addressed by a policy rate adjustment at this time.