Ghana Lending Rates Drop to 32.77% in February as Disinflation Efforts Continue
- Lending rates decreased by 2.73% monthly to 32.77% in February 2024
- Reduction aligns with Ghana's disinflation efforts
- Ghana Reference Rate stood at 31.31% in February
- Analysts expect Monetary Policy Committee to hold policy rate steady
- Bank of Ghana cut base rate by 100 basis points in January 2024, first cut since 2021