Audio By Carbonatix
The volume of cheques cleared during quarter 3, 2023 totalled 1,378,874 valued at ¢71.371 billion, the Bank of Ghana has disclosed.
This represented a decrease in volume by 5.87% and an increase in value by 10.76% compared to transactions in quarter 3, 2022.
However, the total volume and value of transactions are far below that of mobile money transactions. Mobile money transactions registered a value of more than ¢1 trillion as of September 2023.
When compared with quarter 2, 2023, the volume of transactions and the value of cheques cleared increased by 1.17% and 2.23%, respectively.
On a daily basis, an average of 21,887 cheques, valued at ¢1.132 billion, were cleared during the period under review.
This is compared with 23,251.08 cheques, valued at ¢1.022 billion in quarter 3, 2022.
In quarter 2, 2023, an average of 22,716 cheques, valued at ¢1.163 billion, were cleared.
Latest Stories
-
‘Inconsistent Vinicius Jnr not on Neymar’s level’ – ex Botafogo manager
5 minutes -
T-bills: Government records 47% oversubscription; interest rates fall
14 minutes -
OSP deserves a second chance; it must decentralise its operations
31 minutes -
Dafeamekpor says OSP is “guzzling money”
40 minutes -
Stabilising the cedi should not come at the expense of Ghanaian workers
47 minutes -
A-G to reveal details of high-profile corruption probe as Airline Task Force submits report
48 minutes -
Craig Richards, ‘Worldwide’, the winners from Legacy Rise and Match Room’s historic boxing night in Accra
52 minutes -
Focus OSP debate on the institution, not the Special Prosecutor – Abu Jinapor
1 hour -
Anti-corruption fight must go beyond paper laws – Dafeamakpor
1 hour -
All pupils kidnapped from Nigeria Catholic school now free – officials
1 hour -
Constitution Review Committee presents final report to President Mahama today
1 hour -
Trump image within Epstein files reinstated by US justice department after backlash
1 hour -
Diaspora partnership central to Ghana’s reset agenda – Vice President
1 hour -
Russian general killed by car bomb in Moscow, officials say
1 hour -
UCC appeals for financial clearance for recruitment
1 hour