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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
Average lending rate of banks surges to 24.2% in half-year 2022
Credit to private sector recovers to pre-pandemic levels; total advances hit ¢24.6bn
Banks record ¢4.4bn profit-before-tax in June 2022
Ghana records $1.43bn trade surplus in first half of 2022
Policy Rate kept unchanged at 19%; cost of borrowing to remain relatively same
Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG
Mobile Money transactions fall in May but increase in June despite E-levy implementation
BoG educates staff of Ghana Immigration Service in Western Region on financial literacy
MPC begins crucial meeting to support revival of economy
GFIM: GCB overtakes Stanbic and controls 16.74% of market
Cost of borrowing to surge as IEA proposes Policy Rate of 20% or 20.5%
BoG may increase policy rate for 3rd consecutive time – US based Economist
Interest rates remain relatively stable for 3-weeks running despite surge in inflation
IMF bailout: Fund, Finance Ministry, BoG to work virtually; Free SHS to be protected
Take responsibility for rising inflation; work with BoG to tame price hikes – IEA to government
BoG issues 176 payment products and services between 2016 and 2021
Banks issued 4.93m debit cards in 2021 – BoG
BoG to sell $150m to authorised dealers in quarter 3, 2022
BoG to appeal court ruling reversing revocation of uniCredit’s license
Court of Appeal quashes uniCredit licence revocation
Mobile money ‘cash-ins’ grow by 64.5% to ¢164.80bn in 2021
Allow non-resident Ghanaians to use passport for banking transactions – BoG to banks
Number of registered internet banking customers decline by 4.7% in 2021 – BoG
We’ve put in place adequate policies to reduce money laundering, others
Interest rates record relative stability after government announced IMF move
Cedi loses 16.86% value to dollar in first half-year of 2022
BoG pledges to continue to monitor rapid evolution of risks in digital financial ecosystem
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