BoG implements unification of cash reserve ratio for local…
In a significant move, the Central Bank has announced the unification of the Cash Reserve Ratio for both foreign…
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BOG
Debt standstill, trade improvements propel current account…
In its 115th Monetary Policy Committee (MPC) press release on Monday, November 27, 2023, the Bank of Ghana (BoG)…
BoG maintains policy rate at 30% for second consecutive time
The Central Bank has maintained its monetary policy rate at 30%. This is the second time the BoG has maintained the…
Central Bank raises GHS 3bn from domestic debt market
The Central Bank recently raised GHS 3.01bn through the issuance of its own bills with a maturity period of 56…
BoG cautions public on loan guaranteeing in Ghana
The Bank of Ghana is cautioning Ghanaians to be wary of guarantee loans for any and everyone without first…
BoG Board members receive GH¢510k each as allowances while…
Each of the 10 board members of the Bank of Ghana (BoG) took home GH¢510,000 in allowances last year despite…
Central Bank raises GHS 2.7bn from domestic debt market
The Central Bank recently raised GHS 2.7bn from the domestic debt market through the issuance of its own bills…
entral Bank sells $20m to 18 BDCs
The Central Bank has achieved its $20 million forex forward auction target in the latest forex forward…
BoG borrows GHS 5 billion at 95bps above policy rate
The Central Bank recently raised GHS 5.06bn through the issuance of its own bills with a maturity period of…
Construction activities slump with 27.2% decline in cement…
Per the Monetary Policy Committee (MPC) report for September 2023, the construction sub-sector in Ghana has shown…
Banks initiate efforts to recover GHS 2.4bn bad debt; target…
Chief Executive of the Ghana Association of Banks (GAB), John Awuah, has highlighted efforts by commercial banks in…