Tag: Fitch Solutions
Fitch: BoG likely to hold policy rate at 28% despite inflation drop
The Bank of Ghana (BoG) is expected to maintain its benchmark policy rate at 28% during today’s emergency Monetary Policy…
Ghana’s urban population to grow 2.7% annually by 2034
Ghana’s urban population is projected to grow by 2.7% year-on-year over the next decade, rising from 59.8% in 2024 to…
Fitch cuts 2025 cedi forecast to GHS13/USD after 30% rally
Fitch Solutions has revised its end-of-year projection for the Ghanaian cedi to GHS13.0 per US dollar, down from an earlier…
Ghana’s household spending to hit GH¢129.7bn in 2025 – Fitch
Ghana’s household spending is projected to rise by 2.5% year-on-year in 2025, hitting GH¢129.7 billion, according to Fitch Solutions. This…
Fitch forecasts Ghana’s inflation to drop to 18.8% in 2025
Fitch Solutions has predicted that Ghana’s inflation rate will decline from 22.9% in 2024 to 18.8% in 2025. The expected…
Cedi to end 2025 at GH¢15.50 to $1 despite early gains-Fitch
Fitch Solutions has projected that the Ghanaian cedi will end 2025 at GH¢15.50 to one US dollar, with an average…
Ghana’s banking sector under pressure as loan defaults soar – Fitch Solutions
Ghana’s banking industry is facing mounting pressure, with alarming signs of financial stress highlighted in a new report by Fitch…
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