Interest Rate, Cost Of Borrowing To Come Down Soon – John Kumah
Deputy Finance Minister John Kumah has assured that interest rates will come down in the next few months. According to him, the government is putting up measures to ensure that….
Tag: interest rate
Interest Rates Hit 33%; Government Misses T-bills Sale By 16%
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of….
Interest Rate Nears 30%; T-bills Auction Oversubscribed For 10 Weeks Running
Interest rates neared 30% as the government Treasury bills auction was oversubscribed for the 10th consecutive week. However, the rising yields come with increased costs for the government as interest….