Deepened stakeholder collaboration needed to sanitize forex bureau sector – BoG

September 2, 2022 The Bank of Ghana is urging stakeholders within the financial sector to step up their collaborative efforts to ensure that the forex bureau sector is sanitized of all deliberate market...

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September 2, 2022 / Comments (0)

BoG to boost reserves by $500m

September 2, 2022 The Bank of Ghana (BoG) is confident of boosting its reserves by half a billion US dollars from miners, oil and gas-producing firms and other major exporters between now and December. The...

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September 2, 2022 / Comments (0)

Big relief for cedi: $750m loan hits BoG’s account — Dollar purchases on

September 2, 2022 The $750 million loan the government secured from the Africa Export Import Bank (Afrexim) has finallly hit Bank of Ghana’s (BoG) accounts. This also comes at a time when a new policy by...

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September 2, 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)

Trading in dollars, others: banks, forex bureaus are only licensed institutions to do so – BoG

June 8, 2022 The Bank of Ghana has reiterated that universal banks and foreign exchange bureaux, are the only institutions licenced to trade in foreign currencies in Ghana. This move is expected to...

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June 8, 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 raises policy rate to 19%

May 26, 2022 The Monetary Policy Committee of the Bank of Ghana has raised the policy rate by 200 basis points to 19 percent. At a press briefing, the central bank said: “In sum, the Committee...

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May 26, 2022 / Comments (0)

Governor urges attractive investment policies

May 25, 2022 African Development Finance Institutions (DFIs) have been tasked to implement policies that will enhance their rating to attract global investments with favourable terms. This will help to...

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May 25, 2022 / Comments (0)

Gold exports push Ghana’s trade surplus to $1.3 billion in April

May 25, 2022 New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of US$1.33 billion in the first four months of this year. This, according to the...

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May 25, 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)