Highlights of 107th MPC meeting

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The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) held its 107th press conference on Monday July 25.

The MPC keep the Policy Rate (PR) at 19 per cent.

Governor of the BoG, Dr Ernest Addison made the announcement to maintain the rate at 19% at the MPC press conference in Accra on Monday July 25.

He stated that the decision was to allow the central bank observe further, how the policy measures announced earlier to deal with the economic challenges will end up.

The Committee, according to the BoG Chief, noted that inflation has persisted on an elevated path.

Below are highlights of the Meeting…

By Laud Nartey|3news.com|Ghana

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