Tag: Bank of Ghana (BoG)

BoG assures traders of sufficient forex amid access complaints

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) has assured traders and importers that there is no shortage of foreign exchange (forex)...

Bank of Ghana to announce new policy rate after emergency MPC Meeting

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) is set to announce a new policy rate later today following an emergency Monetary...

BoG Governor: Cedi is Ghana’s only legal tender, dollar can be rejected

Banking & Finance Sylvester Oppong Nyarko -
Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has firmly reminded the public and business community that...

Fitch: BoG likely to hold policy rate at 28% despite inflation drop

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) is expected to maintain its benchmark policy rate at 28% during today’s emergency Monetary...

Dollarisation threatens cedi stability- BoG Governor

Banking & Finance Sylvester Oppong Nyarko -
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has raised red flags over the persistent dollarisation of...

Cedi gains 42% as reserves hit $11.1 billion – BoG Governor

Banking & Finance Sylvester Oppong Nyarko -
Ghana’s currency is staging a remarkable comeback, appreciating by more than 42% year-to-date, according to the Governor of the...

Bank of Ghana warns public against rejecting coins

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) has issued a strong warning to the public against the rejection of coins, emphasizing...

Bank of Ghana unveils activities to mark 60 years of the cedi

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) has announced a series of nationwide activities to commemorate the 60th anniversary of the...

BoG: Bawumia’s gold purchase programme built 66% of Ghana’s reserves

Banking & Finance Sylvester Oppong Nyarko -
New data from the Bank of Ghana (BoG) has revealed that 66% of Ghana’s current gold reserves were accumulated...

IMF sends $367m to Bank of Ghana after fourth review

Economy Sylvester Oppong Nyarko -
Ghana has received a fresh disbursement of $367 million from the International Monetary Fund (IMF), following the successful completion...

BoG reserves jump to $1.1b in April, boosting cedi stability

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) significantly increased its reserve assets from $391.1 million in April 2024 to $1.1 billion...

BoG boosts cyber defenses with over 40 banks on FINSOC

Banking & Finance Sylvester Oppong Nyarko -
The Bank of Ghana (BoG) has integrated more than 40 financial institutions into its Financial Industry Security Operations Centre...