Bank of Ghana keeps its Monetary Policy Rate unchanged at 14.0 per cent
18 October 2026
The Monetary Policy Committee of the Bank of Ghana held its 132nd meeting from 23 to 24 September 2026. The Committee voted unanimously to keep the Monetary Policy Rate unchanged at 14.0 percent. The Monetary Policy Rate is the central bank's benchmark lending rate to commercial banks. The Bank of Ghana is the monetary authority of Ghana and the final word on its own policy rate. The decision leaves the rate at the same level the Committee set earlier in the year.
Monetary Policy Rate:
14.0 percent
MPC meeting:
132nd, 23-24 September 2026
Why it matters for exams: Central bank rate levels for major African economies are a standard economy question.
Kerala PSCUPSC
In plain words
MPC Monetary Policy Committee — The committee inside a central bank that decides the policy interest rate.