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Global oil prices could go up further – Prof Quartey backs BoG’s 14% policy rate

myjoyonline.com · 8h · first report

Global oil prices could go up further – Prof Quartey backs BoG’s 14% policy rate

Economist Professor Peter Quartey has backed the Bank of Ghana (BoG)’s decision to maintain its policy rate at 14%, citing rising global oil prices and persistent inflationary threats.

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