As a partner and supporter of Ghana’s economic growth, the IEAG believes this decisive intervention will not only shore up our foreign reserves but also further enhance forex liquidity that... Read more
This follows mounting complaints from traders about difficulties in accessing forex from commercial banks, which they say is hampering their ability to carry out international transactions. Read more
According to the research arm of Fitch Ratings, BoG officials are likely to hold off on cutting rates until there is clearer, sustained evidence of disinflation Read more
Dr. Asiama described the sharp appreciation as a reflection of renewed investor confidence and improving macroeconomic stability, following two years of intense pressure on the currency Read more
In an interview with Bloomberg, Dr. Asiama mentioned that the program had incurred losses, prompting its suspension. Read more
This development follows the acceptance of current Governor Dr. Ernest Addison's formal request to embark on terminal leave, paving the way for his retirement on March 31, 2025. Read more
The planned protest by the minority in parliament against Dr Ernest Addison, governor of the Bank of Ghana, has been put on hold. This comes after the court postponed making a decision on a... Read more
Mahama Ayariga, the member of parliament for Bawku Central, said the investigation into the $250 million earmarked for the Bank of Ghana's new headquarters would continue Read more
The penalties have been levied due to the banks’ breach of sections 3.4, 3.5, and 3.9 of the Ghana Interbank Forex Market Conduct rules Read more
According to the International Monetary Fund (IMF) 2023 report, there will be an amendment to the BoG Act that will feature a stricter limit for monetary financing, mechanisms to monitor and... Read more
The marginal recovery was supported by the successful conclusion of the DDEP, progress made with Ghana’s external debt restructuring towards attainment of the IMF programme, weakening US dol... Read more
According to a concerned member of NDC who wrote under anonymity,this agenda has fallen flat explaining that, it was during the tenure of Dr.Kwabena Duffuor as Governor of the Bank of Ghana... Read more
The Governor noted that the money would boost the country’s reserves and the Cedi which is already doing very well in recent times Read more
According to the statement, the money was created to be used as a form of payment for the purchase of goods and services Read more
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