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Bank of Ghana keeps benchmark interest rate at 26 pct

  January 25, 2016/Reuters Ghana’s central bank kept its benchmark policy rate at 26 percent on Monday citing moderation in the pace of consumer inflation, its governor Henry Kofi Wampah said. The West African nation is under a three-year aid program with the International Monetary Fund (IMF) to support an […]

Nigeria must “harmonise” monetary and fiscal policies: finance minister

Sat Jan 23, 2016/Reuters By Sujata Rao DAVOS, Switzerland (Reuters) – Monetary and budgetary policies in Nigeria need to be “harmonised” to boost the economy, Finance Minister Kemi Adeosun said on Friday, adding that moves towards this can be expected. Nigeria has just unveiled a large increase in budget spending […]

Global stocks rise as slowing China growth boosts stimulus prospects

Tue Jan 19, 2016/Reuters By Nigel Stephenson Shares in Europe and Asia rose and the dollar gained after data showing China’s economy grew last year at its slowest pace in 25 years prompted investors to anticipate more efforts to spur growth. Oil prices rose after strong Chinese fuel demand halted […]