Tag: Bank of Ghana
Trade Disputes and Geopolitical Instability Could Undermine 2025 Growth – Dr. Ernest Addison
Global growth in 2025 shows promise but faces risks from trade protectionism…
Ghana’s Banking Sector Resilient & Profitable Despite Challenges – BoG Governor Says
Ghana's banking sector remained resilient in 2024, with 33.8% asset growth, marginal…
How Government’s Growing Appetite for Domestic Borrowing is Affecting Your Wallet
Government's heavy domestic borrowing is limiting funds for businesses, raising interest rates,…
Cash Outside Banks Hits ₵64.1 Billion During Festive Season
Cash outside banks rose to ₵64.1 billion in December 2024, driven by…
Foreign Investments in Ghana: Growth Amid Financial Deficits
Ghana’s capital account deficit grew to $5.88 billion in December 2024, despite…
Cedi Adjusting to Market Value After Prior Manipulations – Economist
Professor Lord Mensah says Ghana's cedi is stabilizing after 2024's manipulations, with…
Ghana’s Economy Still Faces Debt Overload
Ghana's economy faces unsustainable debt levels, with public debt reaching GH₵736.9 billion…
Ghana’s Reserves Hit a Record 4 Months Import Cover in December 2024 – BoG
Ghana’s reserves hit $8.89 billion, covering 4 months of imports, driven by…
BoG Reports US$1.45 B in Petroleum Fund Reserves for H2 of 2024
Bank of Ghana reports US$1.45 billion in oil reserves, with US$1.25 billion…
MPC Meeting Begins Amid Expectations for Unchanged Policy Rate
The MPC is expected to maintain the policy rate at 27% amid…
Cedi Crying for Attention as Dollar Demand Surges
The cedi faces renewed depreciation due to surging dollar demand, prompting calls…
BoG’s Gold Coin Prices Rise Amidst Global Gold Rally to US$2,715 per Ounce
Bank of Ghana adjusts gold coin prices amid a global gold rally,…