BoG increases Monetary Policy Rate to 22% after crunch meeting
The Bank of Ghana has raised the Monetary Policy Rate by 300 basis points from 19 percent to 22 percent.…
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Bank of Ghana
Cedi tagged the worst performing currency worldwide by Bloomberg
A recent currency performance ranking by Bloomberg has classified the Cedi as the worst-performing currency across…
Government secures ¢2.41bn from T-bills sale but at higher interest rates
Government secured ¢2.411 billion from the sale of Treasury bills last Friday, July 22nd, 2022, an oversubscription…
Cedi depreciation pushes Ghana’s debt to over GH¢393bn; 78.3% of GDP
Latest figures released by the Bank of Ghana put Ghana’s total public debt stock, as of June 2022, at USS 54.4…
Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG
The cedi lost 19.2% in value to the US dollar in almost seven months of 2022.
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Mobile Money transactions fall in May but increase in June despite E-levy…
Mobile Money transactions dipped by 18.58% to ¢71.4 billion in May 2022, the month of implementation of the…
Causing financial loss to the state: Ato Forson’s letters lacked authorization for…
The second prosecution witness in the case against Dr. Ato Forson has said the letters from the Ajumako-Enyan-Esiam…
Ghana’s public debt hits ¢391bn as of first Quarter, 2022
Ghana’s public debt stock remarkably shot up by ¢40.1 billion to ¢391.9 billion as of the end of March, 2022, the…
Bank of Ghana to start purchasing gold from small scale miners – Bawumia
Vice President Alhaji Dr. Mahamudu Bawumia says in conjunction with the Bank of Ghana (BoG), government is going to…
Cedi set to end 2021 with lowest depreciation since 1992
The Ghanaian Cedi continues to show remarkable strength against major currencies, especially the US Dollar, the…
Bank of Ghana to replace GH¢1 and GH¢2 notes with coins
The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy.
This was made known by the Governor of…