Cedi loses 0.7% in value to dollar as of January 2024 – BoG
The Ghana cedi has lost about 0.7% in value to the dollar so far this year, the Bank of Ghana has revealed.
According to its…
MTN Reiterates It’s Position To Be A ‘Force For Good’ For…
MTN has reiterated its commitment to Africa’s progress at the Africa Prosperity Dialogues, recently held at Peduase, in Accra,…
Consumer and business sentiments rebound – BoG
The Bank of Ghana’s latest surveys conducted in December 2023 showed a strong rebound in both consumer and business sentiments,…
Total Mobile Money transactions hit record GH¢1.912trn in 2023
The total value of Mobile Money transactions reached a record level in 2023.
According to the January 20243 Summary of Economic…
Average lending rate ends 2023 at 33.75% – BoG
Average lending rate closed 2023 higher at 33.75% per annum, according to data from the Bank of Ghana.
This equivalent to 2.81%…
Monetary Policy Committee cuts policy rate to 29.0%
The Monetary Policy Committee of the Bank of Ghana (BoG) has cut its key lending rate to 29.0% from 30% in line with most analysts…
Ghana’s gross reserves close 2023 higher at $3.66bn; Trade surplus dips
Ghana's Gross International Reserves (GIR) excluding Encumbered Assets and Petroleum Fund ended higher at $3.66 billion in…
Permanent representatives to the United Nations in Geneva visit Southern…
A delegation comprising 14 permanent representatives to the United Nations Office in Geneva embarks, 28th of January 2024, on a…
T-bills auction: Government records 121.4% oversubscription; Interest rates…
The government recorded 121.4% oversubscription of Treasury bills to the tune of GH¢5.606 billion.
This follows the inflow of…
BoG approves recapitalisation plans of undercapitalised banks – IMF
The Bank of Ghana has approved the recapitalisation plans submitted by undercapitalised banks, the Staff Report by the…