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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
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Increased domestic demand and strengthening of dollar globally to weigh on cedi
We expect banks to rebuild capital buffers quickly – BoG
Government to borrow ¢2.57bn on September 29 to refinance maturing bills
BoG saves $2bn as a result of external debt suspension programme
BoG purchases gold worth $700m in reserves as part of ‘Gold Purchasing Programme’
Real sector indicators showed sustained economic turnaround – BoG
Banks record 41% growth in profit to ¢5.7bn
Ghana’s external position continues to improve – BoG
Total Mobile Money transactions hit ¢1.190trn in eight months of 2023 – BoG
Average lending rate remains within 31% bracket
T-bills auction: Government achieves 25% oversubscription; interest rates up for 5th month running
Ghana’s gross reserves stood at 1.0 month of import cover in August 2023; trade surplus hits $2.016bn – BoG
Cedi remains relatively stable since February 2023; Y-T-D depreciation to dollar stands at 22.5%
Financial system resilient to risks from macroeconomic challenges in 2022 – BoG
Cedi expected to remain stable against dollar this week; $1 going for ¢11.58
BoG wins Alliance for Financial Inclusion Institutional Leadership Award
BoG wins Alliance for Financial Inclusion Institutional Leadership Award
Inflation to average 40.6% in 2023 – Fitch Solutions
T-bills: Interest rates climb to 32.17%; government misses target by 10.8%
No need to attack leadership of BoG; Governor Addison is competent – Ofori-Atta
BoG has remained prudent, strong and functioning efficiently – Ofori-Atta
BoG incorporates limited Asset Quality Review to assess health of banks’ loan
Banking sector to remain broadly stable, supported by regulatory reliefs, others – Governor
Cedi to endure some volatility against dollar this week; one dollar going for ¢11.43
T-bills auction: Government achieves 13.21% oversubscription; interest rates reach nearly 32%
Commerce and Finance sector accounts for highest share of secured loans in quarter 2 – BoG
Cedi expected to trade steadily this week; sells at ¢11.50 to a dollar
Independence of BoG, Governor must be thrown into the dustbin – Kwesi Pratt
BoG has done well by tightening monetary policy – IMF Resident Rep.
T-bill auction: Government records 5.63% oversubscription; interest rates surge to 31.24%
BoG losses so astronomical it can’t be compared – Bright Simons
Licenses of banks were revoked due to political vindictiveness – Martin Kpebu
BoG’s loss report is not a measure of its performance – Economist
BoG effectively aided government to take people’s money – John Jinapor
Governor’s resignation uncalled for; there is nothing wrong supporting a struggling economy – Pianim
BoG Governor, his Deputies should be celebrated for saving economy – Leading NPP Member
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