Ghana news briefing
BoG MPC to weigh inflation risks, liquidity and oil volatility
Inflation risks, liquidity conditions, monetary policy transmission and global oil market volatility will dominate this week’s Monetary Policy Committee (MPC) meeting of the Bank of Ghana (BoG).
It will also assess the effectiveness of reforms to the cash reserve ratio framework, the impact of tighter liquidity after the termination of central bank refinancing for gold purchases, and the effects of oil market volatility on the balance of payments, reserves and the exchange rate.
He said the committee would assess whether the Bank’s current policy framework remained appropriate amid changing domestic and global conditions.
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