BoG’s ¢60B Loss Is Abnormal And Beyond The Bank’s Control – Expert
The Minority in Parliament, alongside some Ghanaians, protested against the Bank of Ghana Governor, Ernest Addision and his deputies following a staggering ¢60 billion loss, […]
BoG
Increased Domestic Demand And Strengthening Of Dollar Globally To Weigh On Cedi
Increased domestic demand and the strengthening of the US dollar globally are expected to weigh on the cedi this week as some analysts predict a […]
BoG Paid Property Developer $36M During Ghana’s Worst Forex Crunch – A-G Report
The Auditor General, in its 2022 report, has revealed the Bank of Ghana (BoG) made payments worth $35,909,067.50 to Goldkey Properties Limited for the construction of a […]
Government To Borrow ¢2.57Bn On September 29 To Refinance Maturing Bills
The government will borrow about ¢2.57 billion today September 29, 2023, to refinance maturing bills worth ¢2.41 billion. This is coming after the country’s debt […]
BoG Purchases Gold Worth $700m In Reserves As Part Of ‘Gold Purchasing Programme
The Bank of Ghana has up to date purchased gold worth about $700 million in reserves as part of its ‘Gold Purchasing Programme’. According to […]
We Have Strong Buffers – BoG
The Governor of the Bank of Ghana, Dr Ernest Addison, has insisted that the central bank does not need a positive equity to be able […]
Ghana’s Gross Reserves Stood At 1.0 Month Of Import Cover In August 2023; Trade Surplus Hits $2.016Bn – BoG
Ghana Gross International Reserves (GIR) excluding Encumbered Assets and Petroleum Fund stood at $2.08 billion in August 2023, about 1.0 month of import cover. According […]
Total Mobile Money Transactions Hit ¢1.190Trn In Eight Months Of 2023 – BoG
Total Mobile Money transactions in the first eight months hit a record ¢1.190 trillion, according to the September 2023 Summary of Economic and Financial Data […]
Cedi Expected To Remain Stable Against Dollar This Week; $1 Going For ¢11.58
The Ghana cedi is expected to remain relatively stable against the US dollar this week as risk-off investor sentiment cools off. Demand for US dollar […]
T-bills: Interest Rates Climb To 32.17%; Government Misses Target By 10.8%
Interest rates climbed again on the money market indicating the rising cost of government’s domestic debt. According to auction results by the Bank of Ghana, […]