Policy rate rises to 22% on 300 basis points hike by BoG Rhema Aug 18, 2022 0 The Central Bank has hiked its policy rate by 300 basis points. The hike in the prime rate follows the emergency…
BoG raises reserve requirement to 15%; to buy dollars from… Rhema Aug 18, 2022 0 The Central Bank, after its emergency Monetary Policy Committee (MPC) meeting on Wednesday, August 17, has…
BoG likely to increase policy rate to 21% – Dr Ato Forson Rhema Aug 17, 2022 0 The Ranking Member of Parliament’s Finance Committee, Dr Cassiel Ato Forson is projecting that the Bank of Ghana…
JUST IN: Bank of Ghana bans opening of new Dollar Accounts Rhema Aug 15, 2022 0 The Bank of Ghana(BoG) has in a last-ditch desperate measure halted local banks from opening of new dollar accounts…
BDC Forex Auction: Central Bank meets $50m target at forward… Rhema Aug 15, 2022 0 The Central Bank achieved its forex forward auction target of $50m in the sale of the US dollar to Bulk Oil…
Gold Purchase Programme: BoG to buy gold in cedis not… Rhema Aug 10, 2022 0 The Bank of Ghana (BoG) under its ambitious gold purchase programme, will buy gold produced by mining companies in…
BoG fails to meet $102m demand in forex auction Rhema Jul 15, 2022 0 The Central Bank has failed to meet a $102m demand from buyers of the greenback in a forex auction held on Tuesday,…
BDCs dependence on ‘cheap’ BoG forex rate fueling dollar… Rhema Jun 24, 2022 0 Chief Executive Officer (CEO) of the Ghana Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, has attributed the…
Ghana Fuel Shortage Looms as Central Bank Rations Dollars Rhema Jun 21, 2022 0 Ghana faces a looming fuel shortage as the central bank rations dollars after oil prices surged following Russia’s…
Monetary Policy Measures by BoG Positive and Welcoming SpyDa Mar 23, 2022 1 At the 115 Monetary Policy Meeting of the Monetary Policy Committee (MPC) of the Central Bank, Governor of the Bank…
About 20% shops closed down in Abossey Okai due to economic… Rhema Mar 23, 2022 0 Over 20 percent of shops in Abbosey Okai have been closed down due to the recent high exchange rate and economic…