Why are central banks making losses? Does it matter?
BIS Bulletins are written by staff members of the Bank for International Settlements (BIS), and from time to time by other…
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BoG
JBA calls on BoG to cut policy rate
The Journalists for Business Advocacy (JBA) has called on the Bank of Ghana to consider reducing its benchmark policy rate from…
BoG announces $120m forex forward auction for Bulk Oil Distribution…
The Bank of Ghana has released its eagerly anticipated Forex Forward Auction Calendar for the third quarter of 2023, catering…
Government T-bills auction oversubscribed by 15 per cent
Government treasury bill (T-Bills) auction for this week has been oversubscribed by GH¢3.90 billion as investors cash in soaring…
Banks recapitalisation: BoG urged to be supportive
In view of the negative impact of the government’s Domestic Debt Exchange Programme (DDEP) on the country’s banking sector, a…
BoG still focused on e-Cedi despite economic challenges and IMF engagement
The Bank of Ghana (BoG) has stated that it is still focused its retail central bank digital currency (CBDC) – the e-Cedi – despite…
Economic activity contracts but consumer confidence improves – BoG
The January 2023 update of the Bank of Ghana’s Composite Index of Economic Activity (CIEA) indicates a contraction in economic…
Bank of Ghana urges Parliament to prioritise passage of revenue bills
The Bank of Ghana (BoG) has asked Parliament to prioritise the passage of revenue bills before it to help strengthen the country's…
Cedi depreciates by 22.1% in March 2023 – BoG
The Bank of Ghana has put the depreciation of the cedi to the dollar at 22.1% as of March 2023.
In its latest Summary of…
Average lending rates shoot up marginally to 36.64% – BoG
Average lending rates shot up marginally to 36.64% in February 2023, from 35.58% recorded in December 2022, data from the Bank of…