Ghana Policy Rate

Key information about Ghana Policy Rate

• Ghana cash rate (Policy Rate: Month End: Ghana) was set at 29.50 % pa in May 2023, compared with 29.50 % pa in the previous Apr 2023.
• Ghana Policy Rate averaged 16.50 % pa and is updated monthly, available from Nov 2002 to May 2023.
• The data reached an all-time high of 29.50 % pa in May 2023 and a record low of 12.50 % pa in Jan 2012.

CEIC calculates monthly Policy Rate from daily Monetary Policy Rate. The Bank of Ghana provides daily Monetary Policy Rate.


Related information about Ghana Policy Rate

• In the latest reports, Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 19.67 % pa in Apr 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Ghana: Government Bond Yield: 10 Years) was reported at 29.85 % pa in Dec 2022.
• Ghana Exchange Rate against USD averaged 10.92 (USD/GHS) in May 2023.
• Its Real Effective Exchange Rate was 74.57 in Apr 2023.

View Ghana's Policy Rate from Nov 2002 to May 2023 in the chart:

What was Ghana's Policy Rate in May 2023?

Ghana cash rate (Policy Rate: Month End: Ghana) was set at 29.50 % pa in May 2023, compared with 29.50 % pa in the previous Apr 2023. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
29.50 May 2023	29.50 Apr 2023	12.50 Jan 2012	29.50 May 2023	% pa	monthly	Nov 2002 - May 2023

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