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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)

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)

Fuel price set to cross GH¢10 per litre

March 16, 2022 Fuel prices are set to cross the GH¢10 per litre mark this week after the depreciating cedi and rising crude oil prices sustained increments in ex-pump prices since November last year....

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March 16, 2022 / Comments (0)

Telecommunications Chamber, BoG intensifying efforts to curb mobile money fraud – Dr. Ashigbey

March 16, 2022 The Ghana Chamber of Telecommunications says it is working extensively with the Bank of Ghana to implement multiple strategies, in a bid to clamp down on mobile money fraud, which has in...

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March 16, 2022 / Comments (0)