The Central Bank plans to reduce in its U.S dollar supply to Bulk Oil Distribution Companies (BDCs) operating in Ghana’s downstream oil and gas sector. The development comes on the….
It was all joy and praise when the Bank of Ghana (BOG) announced an end to the use of the Cedi notes as a money bouquet. A section of men….
The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for circulation. There have been reports that the….
The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting people. It said the currency was issued to be used….
Banks with a capital adequacy ratio (CAR) of less than 10 percent of their assets have been asked to submit plans for recapitalisation, Bank of Ghana Governor Dr. Ernest Addison has disclosed. The ratio….
Bank of Ghana (BoG) Governor Dr. Ernest Addison says significant progress has been made in development of the e-Cedi, the country’s digital currency. The digital currency is vital in the country’s plan to….
The Bank of Ghana has said despite the mixed performance in the prices of Ghana’s major commodities, the trade balance improved in the first two months of 2023 mainly on the back….
The Monetary Policy Committee of the Bank of Ghana has announced a hike in the policy rate by 150 basis points to 29.5 percent from an earlier 28 percent announced in January….
Ernest Addison, the Governor of the Bank of Ghana (BoG), has defended the central bank’s decision to finance government’s expenditure last year. According to Dr. Addison, Ghana’s economy would have….
Data from the Bank of Ghana indicates a downward trajectory of both consumer and business confidence in the general economy since the end of 2020. Both the Consumer and Business….
