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Gold exports in 2023 surged to $7.60bn, but crude oil and cocoa exports tumble – BoG

June 6, 2024 Gold exports in 2023 amounted to $7.60 billion, representing a year-on-year increase of 15.0%. This is mainly due to a 9.2% increase in the volume of exports and a 5.4% increase in the...

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June 6, 2024 / Comments (0)

Full Report: Bank of Ghana’s 2023 Annual Report

June 4, 2024 The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has justified the GHS10.5 billion losses it incurred in 2023. He explained that the loss was similar to experiences of some...

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June 4, 2024 / Comments (0)

We are committed to strengthening regulations within financial market – BOG

June 4, 2024 The Bank of Ghana (BoG) has reiterated its commitment to deepen its regulations within the financial market. The central bank said it will invest in data protection to prevent fraud related...

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June 4, 2024 / Comments (0)

Bank of Ghana explains inflation dynamics [video]

May 29, 2024 The Bank of Ghana has embarked on an exercise to explain inflation dynamics. The central bank has also provided some insights into its decisions on determining policy rates. This is...

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May 29, 2024 / Comments (0)

BoG sets up task force to monitor illegal operators in forex market

May 28, 2024 The Bank of Ghana (BoG) has set up a task force to monitor all foreign exchange bureaus to ensure compliance with their regulatory framework. The Governor of the Bank, Dr. Ernest Addison,...

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May 28, 2024 / Comments (0)

Cedi troubles: We are taking measures to instill sanity in foreign exchange market – BoG

May 28, 2024 The Bank of Ghana has assured that it is taking measures to improve market conduct and instill sanity in the market for foreign exchange. To this end, it has worked with the Ghana...

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May 28, 2024 / Comments (0)

Monetary Policy Committee of BoG keeps policy rate at 29 percent

May 27, 2024 The Monetary Policy Committee of the Bank of Ghana (BoG) has kept the policy rate at 29 percent. Addressing the media, Governor of the BoG,  Dr. Ernest Addison noted that the committee...

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May 27, 2024 / Comments (0)

T-bills: Interest rates tumbled again; government records 17% oversubscription

May 8, 2024 Interest rates tumbled again as the government returned to oversubscription of treasury bills sale. According to the auction results by the Bank of Ghana, the yield on the 91-day bill eased...

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May 8, 2024 / Comments (0)

Bank of Ghana dismisses reports that it is introducing 1% cybersecurity levy

May 8, 2024 The Bank of Ghana (BoG) has described social media reports that say it is introducing a one percent cybersecurity levy in response to heightened cybersecurity threats as fake. The central...

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May 8, 2024 / Comments (0)

Ghana’s economy is improving – BoG Governor

April 10, 2024 The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had...

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April 10, 2024 / Comments (0)