Bank of Ghana partners 2 to boost SME growth

November 14, 2022 THE Bank of Ghana (BoG) has partnered with two institutions to create opportunities for international trade and financial cooperation for micro, small and medium enterprises (MSMEs) in the...

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November 14, 2022 / Comments (0)

Banks, forex bureau to check cedi depreciation

October 26, 2022 The leadership of universal banks in the country and the Association of Forex Bureau Operators have agreed to work in close collaboration to stem the rapid depreciation of the Ghana cedi....

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October 26, 2022 / Comments (0)

BoG optimistic about ease of inflation

June 27, 2022 Early indications have signalled an easing in the rate at which prices of goods and services are rising, Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo, has suggested....

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June 27, 2022 / Comments (0)

All hands must be on deck to bring Ghana’s economy back on track – BoG

June 13, 2022 With the world economy, including Ghana’s, dealing with the aftershocks of the COVID-19 pandemic and the challenges being posed by the ongoing Russia-Ukraine war, stakeholders in Ghana...

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June 13, 2022 / Comments (0)

BoG piloting offline version of eCedi – Governor

June 1, 2022 The central bank is currently piloting an offline version of the eCedi to be used for consecutive payments in areas yet to be connected to digital and Internet infrastructure, Governor of...

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June 1, 2022 / Comments (0)

BoG reiterates calls for public to report unapproved banking charges

May 10, 2022 The Bank of Ghana is tasking customers to report to the Central Bank any suspicious or unapproved charges from their financial institutions. In June 2021, the Bank of Ghana warned...

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May 10, 2022 / Comments (0)

BoG to spur economic growth with strong policy support – Elsie Awadzi

May 4, 2022 Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has assured that the Bank will provide the needed guidelines and policies to spur economic growth: especially as the country...

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May 4, 2022 / Comments (0)

Stop pricing goods and services in foreign currencies – BoG warns

April 13, 2022 The Bank of Ghana (BoG) has cautioned persons pricing goods and services in foreign currencies to desist from such practices or have themselves to blame. According to the apex bank, such...

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April 13, 2022 / Comments (0)

Bank of Ghana increases policy rate to 17%

March 21, 2022 The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points to 17 percent. This is the first time the Central Bank has increased the key...

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March 21, 2022 / Comments (0)

BoG adopts retail token-based digital currency

March 17, 2022 The Bank of Ghana has adopted a retail token-based central bank digital currency (CBDC) as the ‘eCedi of choice’, which enables the currency to be stored locally on a card, on a phone,...

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March 17, 2022 / Comments (0)