Poor Performance Of Cedi In 2022 Will Not Repeat Itself – BoG Governor Assures
The dollar has begun a steady rise over the cedi in the last few weeks prompting fear the country is heading back to the dark days of 2022 when the….
Tag: BoG
Cedi Depreciates Marginally To Sell At ¢12 To A Dollar
The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability. This is about 0.86% loss in value….
BoG To Hold 2023 First MPC Meeting Later In January 2023
The Bank of Ghana has announced that it will hold its first Monetary Policy Committee (MPC) meeting for 2023 from Tuesday, January 24, to Friday, January 27 to review developments….
Policy Rate To Hit 29% In 2023; Cost Of Loans To Further Escalate – Fitch Solutions
Fitch Solutions is projecting a further monetary tightening by the Bank of Ghana [BOG] next year. According to the UK based research and market information firm, the policy rate will….
Cedi Appreciation Did Not Happen By Chance – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has indicated that the Cedi’s appreciation against the US Dollar is as a result of the measures taken by his government in partnership with the central bank,….
Inflation To End 2023 At 25% – BoG
Inflation is likely to peak in the first quarter of 2023, and ease to around 25% by the end of 2023, the Bank of Ghana’s November 2022 Monetary Policy Report….
Number Of Advertised Jobs Shoot Up 11.7% – BoG
The number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, increased in October 2022 relative to what was observed in the….
Government Records ¢3.15bn From T-bills Sale As Interest Rates Fall
Following the exemption of Treasury bills from the domestic debt exchange programme, investor interest in the short-term securities continue to rise sharply. This is coming after the government recorded about….
BoG’s Appointment Of Nii Amanor Dodoo To Act As Receiver Of Unibank Was Correct – Court Of Appeal
The Court of Appeal has, today Thursday, 1 December, held that the High Court was wrong in deciding that Bank of Ghana’s decision to appoint Nii Amanor Dodoo as Receiver….
Total Mobile Money Transactions Hit ¢833.3bn In October 2022 Despite E-levy Implementation
Despite the implementation of the Electronic Transaction Levy (E-Levy), total Mobile Money transactions in the first 10 months of 2022 grew by 12.9% year-on-year to ¢833.3 billion, the latest Summary….