Ghanaians to use more coins as BoG plans to phase out GH¢1 and GH¢2 notes

September 28, 2021 The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known by the Governor of the Central Bank, Dr, Ernest Addison on Monday, September 27, 2021. Dr....

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September 28, 2021 / Comments (0)

Resolve high interest rate concerns – Akufo-Addo urges new BoG board

August 23, 2021 President Nana Akufo-Addo has charged the new board of the Bank of Ghana to interrogate the issue of high interest rates in the country. According to the President, a low interest rate for...

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August 23, 2021 / Comments (0)

Pandemic’s new wave pushes BoG to stay policy rate again

February 2, 2021 For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and...

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February 2, 2021 / Comments (0)

BoG Governor confident of cedi’s stability in 2021 after 3.8% depreciation in 2020

January 5, 2021 Governor of the Bank of Ghana, Dr. Ernest Addison is confident the reserves it has amassed so far, coupled with other measures to be implemented by the government in 2021 should see the...

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January 5, 2021 / Comments (0)

COVID-19 related interventions pushing debt stock to unsustainable levels – BoG Governor

November 24, 2020 Governor of the Bank of Ghana Dr. Ernest Addison has stated that the current debt-to-GDP ratio of 71 percent could be an indication that government is approaching its limit when it comes to...

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November 24, 2020 / Comments (0)