Bank of Ghana partners 2 to boost SME growth
The Bank of Ghana (BoG) has partnered with two institutions to create opportunities for international trade and financial…
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BoG
109 th Monetary Policy Committee meetings begin Nov 22
The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 109th regular meetings from Tuesday, November 22, 2022 to…
BoG revokes licences of 2 forex bureaus for breaching foreign exchange laws
The Bank of Ghana has revoked licences of Airport City Forex Bureau within the Atlantic Tower Building and Trade House Forex…
BoG not restricting Foreign Exchange Account holders
The Bank of Ghana has dismissed social media reports that it will on Sunday, October 30, 2022, slap serious restrictions on…
Stabilising the cedi; BoG to hold series of discussions with banks, forex…
In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday…
Some banks begin suspending loans to new customers
Some banks in the country have begun suspending loans, particularly to new customers.
This follows the increase in the policy…
Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG
Ghana’s public debt stock went up by ¢9 billion in July 2022 to ¢402.4 billion, the October 2022 Bank of Ghana Summary of Economic…
Government records fiscal deficit of 6.4% as of September 30, 2022 – BoG
Budget implementation, using banking sector data, for the first 9-months of this year recorded an elevated overall cash deficit of…
BoG dollar auction: Demand outstrips supply by $72.2m as $1 hits ¢10.92
Demand for the US dollar fell marginally again, according to the latest auction of the American ‘greenback’ by the Bank of Ghana…
Businesses to shy away from loans as BoG hikes policy rate to 24.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Policy Rate by 250 basis point to 24.5%.
This…