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Tag: BoG

BoG raise policy rate to 14.5%

The Central Bank has increased the policy rate, the rate at which…

Kofi Ahovi

Ghana’s reserves fall to $7.32bn in October 2021-BoG

Ghana’s net international reserves fell from $8.21 billion in August 2021 to…

Kofi Ahovi

Gold exports hit US$6.80 billion in 2020

Gold exports receipts in 2020 increased to US$6.80 billion, from US$6.23 billion in…

Kofi Ahovi

BoG buys first gold in 60 years: Plans to purchase 540kg with GH¢200m in 2021

For the first time in about 60 years, the Bank of Ghana…

Kofi Ahovi

BoG Composite Index of Economic Activity up

The Bank of Ghana’s updated Composite Index of Economic Activity (CIEA) for…

Kofi Ahovi

Cost of credit falls marginally, as average lending rate pegged at 20.51% – BoG

Despite concerns that the cost of loans is very high, average lending…

Kofi Ahovi

BoG maintains policy rate at 13.5% again

The Central Bank has maintained the policy rate, the rate at which…

Kofi Ahovi

BoG determined to develop vibrant financial sector – Dr. Ernest Addison

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has…

Kofi Ahovi

Ghana on track to introduce E-Cedi – BoG boss

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has…

Kofi Ahovi

CalBank has lowest average lending rate in Ghana – BoG

As average lending rates across Universal Banks continue to drop in the…

Kofi Ahovi