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….
Tag: BoG
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….
BoG Pegs Cedi Depreciation To Dollar At 54%
The Bank of Ghana has pegged the rate of depreciation of the cedi to the dollar at 54.2% in almost 11 months of 2022. However, the Central Bank in its….
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….
BoG To Continue Policy Rate Hiking Cycle As Part Of IMF Condition – Fitch Solutions
The Bank of Ghana will continue its policy rate hiking cycle, increasing the benchmark interest rate to 27% by the end of 2023. According to international research institution, Fitch Solutions,….
Cedi’s Recent Performance To Be Sustained For Few Weeks – Currency Analyst
The recent improvement in the value of the Ghana cedi against the US dollar is expected to be sustained in the next couple of weeks, Lead Researcher at GCB Capital….
We Are Not Illegally Transferring Funds Offshore – BoG’ Denies TUC Research Director’s Claim
The Bank of Ghana has taken a swipe at comment by the Director of Research at the Ghana Trades Union Congress (GTUC), Dr. Kwabena Nyarko Otoo that the Bank of….