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Cedi holds steady in retail market amid rising demand; one dollar equals GH¢16.25
Ghana’s economy to rise to 3-year high of 5.5% in 2024 – Fitch Solutions
We have enough dollar reserves to deal with Christmas festivities pressures – Dr. Addison
Total mobile money transactions hit GH¢1.775trn
T-bills auction: Government misses target by GH¢2.67bn; interest rates surge again
Prof Bokpin: Ghana Gold Coin won’t solve Cedi depreciation
‘When Abrantie BoG came, the cedi is now trading at GHȼ16 to a dollar’ – Mahama teases Bawumia
Economic activity pickup, consumer confidence improves – BoG
NPL ratio of banks increased to 24.3% in August 2024
Ghana’s Gross Reserves hits 3.4 months of import cover; Trade surplus surges to $2.78bn in August 2024
Cedi lost 24.3% to dollar in nine months of 2024 – BoG
Average lending rates fall consistently from January 2024 to 30.71% in July
BoG introduces new methodology for computing FX Market Reference Rate
We recognise importance of gold as a reserve asset and strategi role to play economic development
T-bills auction: Government fails to meet target only a week of oversubscription; interest rates rise
Banks, SDIs issued 53,522 dud cheques to credit bureaus in 2023
21.188m loan records submitted to credit bureaus monthly in 2023 – BoG
Borrowers credit worthiness: Financial institutions record 2.114m enquiries monthly from credit reference bureaus
BoG records significant reduction in complaint over credit reporting
GIRSAL gives 17 financial institutions GH¢1.18bn loans – Governor
BoG directs banks to submit strategies aimed at reducing financial fraud
BoG pledges to continue to bolster engagements with financial institutions to reduce fraud
Cedi records gains against dollar, others last week; one dollar going for GH¢16.41
Staff of banks involved in fraud increases by 46% in 2023; BoG expresses worry
Money lost through fraud cases in financial sector increased by 7% in 2023 to hit GH¢88m –BoG
T-bills auction: Government records marginal oversubscription; pays slightly more for 91-day bill
Deloitte Assurance Partner, nine others appointed members of National Sustainability Reporting Implementation Committee
There is some uncertainty regarding inflation path for year – BoG
Government spent GH¢101.21bn in half-year 2024
Banks wrote off GH¢1.048bn as bad debt in half-year 2024, 39% lower over previous year
Banking sector recovering from Post-DDEP, but asset quality remains a concern – Monetary Policy Report
Total assets of banking sector increase by 33.3% to GH¢323.2bn – BoG
Bad loans in banking sector grow by 49.4% to GH¢20.4bn – BoG
Banks shareholders’ funds grew sharply by 44.9% to GH¢32.3bn -BoG
Business confidence dipped due to rapid exchange rate depreciation in May 2024 – BoG report
New vehicle registration for first 5 months of 2024 increases by 10.2% – BoG report
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