FX.co ★ Ghana Holds Prime Interest Rate at 14% in July, Extending Tight Policy Stance

Ghana kept its prime interest rate unchanged at 14.00% in July 2026, maintaining the same level set in May 2026, according to data updated on 22 July 2026. The decision means the benchmark lending rate has now been held steady for at least two consecutive months, signaling a continued cautious stance by policymakers.

On a month-over-month basis, the July reading shows no change from the previous month, mirroring the pattern seen earlier when the rate was set at 14.00% in May. With the prime rate remaining flat, borrowing costs for businesses and consumers are expected to stay stable in the short term.

The lack of movement in July, following no change in the prior comparison period, suggests authorities are closely watching economic conditions before making any further adjustments to Ghana’s key lending benchmark.