BoG Unveils Bank Square: A New Era In Ghana’s Financial Landscape
In a historic and momentous ceremony, the Bank of Ghana (BoG), officially commissioned its state-of-the-art headquarters, christened the Bank Square, on November 20, 2024. Located […]
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Bank Of Ghana Commits To Robust Credit Market Amid Debt Recovery Challenges
The Second Deputy Governor of Bank of Ghana, Elsie Awadzi has affirmed the central bank’s commitment to a stronger credit market. During a stakeholders’ forum on […]
BoG Suspends Forex Trading License Of Consolidated Bank Ghana
The Bank of Ghana has suspended the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG). This means that CBG can no longer engage in […]
Cedi Sells $1 At GH¢16.30 At BoG, GH¢17.20 At Major Forex Bureaus
Ghana’s local currency continues to experience persistent depreciation against major trading currencies such as the US dollar. The cedi, which has been under pressure throughout […]
BoG Assures Of Cedi’s Resilience Amid Rising FX Demand
The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi […]
BoG Assures Of Cedi’s Resilience Amid Rising FX Demand
The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi […]
Government Expects Cedi To Withstand Seasonal Demand-Surge
Government has expressed confidence in the cedi’s ability to withstand increased forex demand, particularly as the holiday season approaches. Finance Minister Dr. Mohammed Amin Adam expressed confidence […]
Next Of Kin Of A Deceased Bank Account Holder Is Not Automatic Beneficiary – BoG
Did you know that if you are made the next of kin of a bank account by a friend or relative, you do not have […]
Bank Of Ghana Revises Year-End Inflation Target To 18%
The Bank of Ghana (BoG) has revised its year-end inflation target to 18 percent, citing upside risks including some geopolitical developments. This would however represent a significant […]
BoG To Auction $120M To BDCs In Quarter 4, 2024
The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the fourth quarter of 2024. This is the same amount […]