Tag: Bank of Ghana
BoG’s Directive on Forex Trading Begins Amid Uncertainty Over Impact on Illegal Operators and Cedi
Market watchers are not sure if the new directive can halt the…
Mixed Reactions to Bank of Ghana’s New Directive on Forex Bureau Transactions
While some consider the BoG directive appropriate, others think it would not…
BoG’s Statement Paves Way for Massive Arrests and Prosecution of Black Market Operators
Previous arrests had only temporal impact on cedi depreciation especially when the…
Biometric Verification Required for Forex Transactions Starting August 1
Forex bureau operators are worried new directive could lead to a decline…
Demand for Dollar to Increase as Importers Prepare for Christmas Festivities
Bank of Ghana needs to take proactive measures to prevent rapid depreciation…
Rising Oil Imports Threaten Cedi Stability
Efforts to tame the cedi faces major risk in the coming weeks…
Spread Between Savings and Lending Rates Exceedingly Wide – BoG Data
The gap between the interest rates banks offer on customer deposits and…
Government Falls Short of Treasury Bill Target Despite Slight Interest Rate Increase
The government fell short of its GH¢4.78 billion target at the latest…
Consumer and Business Confidence Decline Amid Economic Challenges-BoG
Consumer and business confidence in the Ghanaian economy has declined, according to…
MPC Concludes Regular Meeting Today
The Monetary Policy Committee (MPC) of the Bank of Ghana will conclude…
Half-Year Mobile Money Transactions Hit over GH¢1.2 Trillion
The total value of Mobile Money (MoMo) transactions in Ghana between January…
Ghana’s Gross International Reserves Rise to 3.1 Months of Import Cover
Ghana's Gross International Reserves at the end of June, increased to cover…