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 against major currencies. With the….
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 during a media briefing in….
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 automatic access to funds in….
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 improvement over the 23.2 percent….
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 it sold to the BDCs….
The Bank of Ghana (BoG) has recognized gold as a vital strategic reserve asset with a significant impact on economic growth. However, the Central Bank stresses the importance of responsible….
Data providers submitted an average of 21,188,043 loan records to credit bureaus every month in 2023, the Bank of Ghana has disclosed in its 2023 Annual Credit Reporting Activity. This….
The Bank of Ghana (BoG) has affirmed that the government’s Gold for Oil policy is progressing as planned. This initiative was introduced to address Ghana’s dwindling foreign currency reserves and….
The Institute of Statistical, Social and Economic Research (ISSER) has urged the Bank of Ghana (BoG) to take decisive action against unregistered and unregulated foreign exchange (forex) businesses to ensure….
The International Monetary Fund (IMF) wants the adoption by Cabinet of the amendments to the Bank of Ghana Act to remain a priority to strengthen the Central Bank’s independence. This….
