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Cedi hits ¢10 to a dollar; BoG measures may halt depreciation in short-term
‘If BoG had not intervened inflation would have been 100%’ – Head of UG’s Economics Dept.
Playback: PM Express discuss BoG’s measures to stabilise cedi
Databank, Black Star Brokerage not advisors to government – Finance Ministry dismisses social media report
BoG has exhausted all its policy measures – Prof. Mensah
eCedi will not be operated on blockchain technology – BoG
Increasing policy rate will not bring down rising inflation – Financial Advisor
Increasing policy rate to 22% good but cap government borrowing – Finance lecturer to BoG
BoG increases policy rate to 22%; cost of borrowing to shoot up significantly
BoG uncovers ¢116.7m untraceable investments of collapsed MFCs, S&Ls and Finance House firms
Banking sector cleanup: EOCO investigates 100 properties to ascertain ownership status
Dollar shortage hits forex market, cedi depreciation nears ¢10 mark
EOCO gets ₵10 million to complete work on Banking Sector Clean up
Review investment law to prevent foreigners from repatriating 100% profit – GUTA to BoG
Banks wrote off ¢1.3bn as bad debt in half-year 2022
We haven’t banned dollar account – BoG
Cedi loses about ¢3.15 to dollar so far in 2022
Fuel shortage looms as forex crunch hit banks -Alex Mould
New loans surge 54% to hit ¢24.6bn in half-year 2022 – BoG
Investments constitute 40.5% of ¢200bn banking assets
BoG gives assurance cedi’s stability will be restored
eCedi will not disrupt Mobile Money transactions – BoG
BoG forecasts supply deficit for cocoa market in 2021/22 crop season
BoG dollar auction: demand outstrips supply by $105.25m; reason cedi depreciation severe
Fitch projects average inflation of 22% in 2022
Number of advertised jobs decreased marginally to 2,662 in June 2022 – BoG
Mixed performance of economic activities in first 5 months of 2022 – BoG
Interest rates hit almost 29%; government T-bills sale oversubscribed by 16%
Ghana’s debt-to-GDP ratio to hit 83% in 2022 – Fitch Solutions
Ghana could secure funding from IMF in 8 months’ time – Report
Cedi troubles yet to be over; loses about 7% value to U.S dollar in July
T-bills oversubscribed by 92% due to high interest rates
AGI welcomes BoG’s move to maintain policy rate at 19%
BoG dollar auctioning: bids outstrip sale by $82m
We haven’t printed ¢22.04bn to support government’s budget – Bank of Ghana
Government secures ¢2.41bn from T-bills sale but at higher interest rates
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