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Ghana-reference-rate
Ghana Reference Rate drops to 10.18% in September, could ease borrowing costs
Ghana Reference Rate climbs to 10.61% in August, signalling fresh pressure on borrowing costs
Ghana Reference Rate rises to 10.59% in July, signalling possible increase in lending rates
Ghana Reference Rate drops marginally to 10.02% in June 2026; interest rates set to reduce further
Ghana Reference Rate dips to 10.03% in May, signalling possible loan rate cuts
Ghana Reference Rate drops to 10% as further interest rate cuts loom
Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected
Ghana Reference Rate for February declines marginally to 14.58%; interest rate expected to drop
Ghana Reference Rate for February expected to decline to 14.58%
Ghana Reference Rate for January drops to 15.68%; interest rates set to decline
Ghana Reference Rate for December drops to 15.9%, interest rates set to decline
Average lending rates fall sharply to 22.22% in October 2025
Ghana Reference Rate for November increases marginally to 17.93%
Ghana Reference Rate cut to 17.86% for October, lending costs expected to ease
Average lending rates fall again to 30.45% in October 2024
Average lending rates fall consistently from January 2024 to 30.71% in July
Average lending rate eases slightly to 31.10%
Average lending rate ends 2023 at 33.75% – BoG
Average lending rate surges to 32.69% – BoG
Average lending rate remains within 31% bracket
Average lending rates dip to 31.66% in April 2023
Average lending rate of banks surges to 24.2% in half-year 2022
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