Interest rates surged for the 5th month running despite government recording 25.7% oversubscription of treasury bills auction. According to auction results from the Bank of Ghana, total bids tendered for the….
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 to the Bank of Ghana’s….
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 last week outstripped supply despite….
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, the yield on the 364-day….
Government exceeded its treasury bills target by over 13 percent to the tune of ¢2.94 billion, but interest rates continued to surge disturbingly. According to the latest auction by the….
The Ghana cedi will continue to exhibit mixed performance this week against the major foreign currencies as renewed corporate demand surges. This is coming after the local currency recorded mixed….
The Bank of Ghana (BoG) has debunked claims that it has been providing financing for the government every year. According to the Central bank, in the past six year, it provided financing….
The Ghanaian financial sector has been in severe distress, characterised by an insolvent banking system as result of the domestic debt exchange in 2022. Using the 16% discount rate for….
The Bank of Ghana has said the Public Procurement Authority approved all its processes and documentation before the commencement of the construction of a new headquarters edifice at Ridge. According to the….
New Patriotic Party (NPP) Regional Chairman for Bono, Kwame Baffoe Abronye better known as Abronye DC, has exposed the minority leader, Dr. Cassiel Ato Forson, after the latter had given….
