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Repatriate part of proceeds or face sanctions including jail terms – BoG warns exporters
Banks capital quality boosted due to implementation of Basel Capital Standards – Governor
Pace of cedi depreciation to slow down this week following BoG’s timely additional measure
Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor
Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor
Ghana Financial Stability Fund has taken off – Governor
BoG’s losses in 2022 were necessary to save Ghana’s economy – Dr. Addison
T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%
Payment industry records significant growth in 2022; value of interbank transactions up 20.24% – BoG
Economic stability taking shape; We will consolidate gains – 1st Deputy Governor
BoG increases minimum paid up capital of Credit Bureaus to ¢6m
BoG to close down some distressed NBFIs
Ghana attains all fiscal targets in line with IMF programme – BoG
IMF cash, cocoa loan to arrive before end of 2023 – BoG Governor assures
MPC keeps policy rate at 30%
Total Mobile Money transactions in 10 months of 2023 reach ¢1.527trn
Average lending rate surges to 32.69% – BoG
T-bills: Interest rates fall for 3rd week running; Government gets ¢5.008bn
Ghana’s gross reserves improve slightly to 1.1 month of import cover; Trade surplus increases to $2.058bn
Cedi depreciates 25.8% to dollar since January 2023 – BoG
Ghana’s public debt fell by ¢14.2bn to ¢567.3 in September 2023; fiscal deficit on target
DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate
Cedi depreciation slowed down last week; one dollar equals ¢12.18
Zeepay Ghana fined, forex license suspended temporarily
OSP begins probe into BoG’s $222M new head office after Mahama Ayariga’s petition
86,719 assets registered as collateral in quarter 3, 2023
BoG warns Ghanaians against 8 unapproved money transfer organisations
BoG still concerned about number of bank staff involved in financial sector fraud
Banking thrives on trust; Misconduct by players erodes confidence – Governor
Market uncertainties continue to weigh on cedi; one dollar going for ¢12.14
Pressure on cedi mounts; one dollar equals ¢12.13
Assess repayment capabilities of borrowers before guaranteeing loans – BoG
We are always ready to respond appropriately to inflation – BoG
T-bills auction: Interest rates up for 36th week running; government records 33% oversubscription
Fitch predicts increase in BoG’s foreign reserves to $7.7bn in 2025
Ghana’s public debt to decline to 87% of GDP in 2023 – Fitch
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