Bog

BoG to close down licensed forex bureaus flouting foreign exchange law

Tackling inflation and cedi depreciation: There is something more to it than merely increasing the policy rate – Twum Akwaboah

Ghana’s interest cost to exceed 45% of revenue till 2024 – Fitch

BoG funded 78% of ¢28bn government financing need; economic challenges largely fiscal – US based Economist

BoG’s economy stabilization measures have not been positive for businesses – Association of Ghana Industries CEO

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

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