Bog

Cedi depreciates after recent gains; $1 equals ¢14.20

Government misses T-bills target marginally, but interest rates surge

BoG, MAS, DBG sign MoU to develop financial ecosystem for Asia-Africa SME trade

Dr. Addison named among Africa’s 10 best Central Bank Governors

Cedi’s recent performance to be sustained for few weeks – Currency Analyst

We are not illegally transferring funds offshore – BoG’ denies TUC Research Director’s claim

Cedi gained 1.07%, 3.36% value against dollar, pound last week

BoG pledges commitment to speedy Implementation of AfCFTA

Interest rates hit 34%; government T-bills undersubscribed by 34%

Cedi to strengthen further as 1st tranche of cocoa syndicated loan hits BoG account

We will not allow ‘black market’ to drive exchange rate market – BoG assures

BoG revokes licences of 2 forex bureaus for breaching foreign exchange laws

Ignore speculations about dollar account withdrawals – BoG

It’s fake, disregard reports that we intend restricting Foreign Exchange Account holders – BoG

Over reliance on monetary policy to fight inflation, stabilise cedi not working – GNCCI

We’re committed to cash-lite agenda – BoG

First tranche of $1.13bn cocoa syndicated loan to hit BoG account on October 26

Control circulation of dollar to curb speculative rates for cedi – Economist tells BoG

BoG Governor to meet banks and operators of Forex Bureau over cedi depreciation

Debt restructuring to weaken cedi; BoG partly to blame for cedi woes – JP Morgan

Government, IMF affirm commitment in reaching Staff-Level Agreement by end of 2022

BoG dollar auction: Demand surpasses supply by $79.7m as $1 nears ¢13

‘Arrest’ dollar to bring fuel prices under control – COPEC to BoG

Government T-bills sale undersubscribed by 11%, as interest costs surge

Unemployment to increase, economic growth to slowdown – US based Assistant Professor

IEA welcomes BoG’s endorsement of its proposal to cap government borrowing

Some banks begin suspending loans to new customers

Dollar breaks ¢11 mark; forex bureaus sell a dollar for ¢11.2

Total Mobile Money transactions fall by 2% year-on-year in August 2022; E-levy impact marginal

Ghana’s gross reserves fall to 2.9 months of import cover in September 2022

Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG

Government records fiscal deficit of 6.4% as of September 30, 2022 – BoG

Cedi loses 37.5% in value to dollar as of September 30, 2022 – BoG

Banks profit-before-tax grows 25.2% to ¢6.1bn

Economic activity moderate as construction, port activities slowdown – BoG

Loans to become more expensive as BoG hikes policy rate to 24.5%

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