Ghana: Average lending rates fall again to 30.45% in October

 The average lend­ing rates of banks declined margin­ally to 30.45 per cent in October 2024, the Bank of Ghana has disclosed.

This is from 32.69 per cent recorded in the corresponding period of 2023.

The data from the Central Bank revealed that the average lending rates have fallen consis­tently but marginally since the beginning of the year.

The average lending rate began in January 2024 at 32.94 per cent and took a nosedive in February and March 2024,…