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Ghana Cuts Interest Rates as Inflation and Growth Improve

9/19/2025

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Summary

Story summary

Ghana's central bank lowered the key interest rate by 350 basis points to 21.5% on September 17, 2025, surpassing expectations.
Inflation dropped to 11.5% in August, the lowest since October 2021, with projections to reach the target range of 6-10% by year-end.
The economy grew by 6.3% year-on-year in Q2 2025, up from 5.7% last year, mainly due to the services sector.
The central bank will monitor macroeconomic trends and adjust policies accordingly.
A new limit on foreign exchange exposure will start on October 1 to improve market liquidity.

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Story summary

Ghana's central bank lowered the key interest rate by 350 basis points to 21.5% on September 17, 2025, surpassing expectations.
Inflation dropped to 11.5% in August, the lowest since October 2021, with projections to reach the target range of 6-10% by year-end.
The economy grew by 6.3% year-on-year in Q2 2025, up from 5.7% last year, mainly due to the services sector.
The central bank will monitor macroeconomic trends and adjust policies accordingly.
A new limit on foreign exchange exposure will start on October 1 to improve market liquidity.