Bank of Ghana maintains policy rate at 26%
The Bank of Ghana has maintained the policy rate at 26 percent again.
Ghana
Moody's: Ghana's sovereign rating reflects large financing needs and high debt burden
Ghana's B3 rating and negative outlook reflect the sovereign's large gross financing needs, high debt burden and low debt affordability, Moody's Investors Service said in an annual report published this past week.
Ghana to issue fifth Eurobond by October
Finance Minister, Seth Terkper has hinted to Citi Business News Ghana will issue its 5th Eurobond by October 2016. Parliament in December, 2015 gave government the green light to go ahead and issue the Eurobond.
Ghana Central Bank holds benchmark interest rate at 26.0%
Ghana's central bank left its policy rate unchanged at 26.0 percent, the second highest policy rate worldwide, saying "the tight policy stance is needed to deepen the gains made in the foreign exchange market and strengthen the disinflation process over the forecast horizon."
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