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BoG maintains policy rate at 30% [VIDEO]

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The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 30 per cent. Despite the broad improvement in economic...

MP Ernest Norgbey Challenges Bank of Ghana’s Procurement Claims Over New...

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Member of Parliament for Ashaiman, Ernest Norgbey says the claim by the Bank of Ghana (BoG) that it did not breach the procurement laws...

Ghanaian Businesses Brace for Higher Interest Rates in 2023, says Dalex...

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Director of Business Operations at Dalex Finance, Joe Jackson, is predicting higher interest rates for the rest of 2023. The high-interest rates have been a...

Forex Licenses of Fidelity Bank Ghana and First National Bank Ghana...

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The Bank of Ghana has suspended the Forex Licenses of Fidelity Bank Ghana and First National Bank Ghana effective June 29, 2023, to July...

BoG warns against 97 illegal loan Apps in Ghana

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The Bank of Ghana (BoG) has cautioned the public against the operation of some online Apps operating without authorization. 97 of such applications have thus...

Cedi sells at GH¢11.85 to $1, GH¢10.97 on BoG interbank as...

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The Interbank forex rates from the Bank of Ghana today, June 12, 2023, have shown that the Ghana Cedi is trading against the dollar at a...

BoG maintains policy rate at 29%

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The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate 29 per cent. Although inflation has seen a decline since the...

Bank of Ghana warns public against using cedi banknotes as gifts...

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The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting people. It said the currency...

The stability of the Cedi has decreased as $1 now equals...

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The recent gains by the Ghana cedi has come to a halt as the local currency lost some stability to the US dollar today...

IMF agreed to central bank financing of gov’t – BoG

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The International Monetary Fund (IMF) supported the Bank of Ghana’s financing of the government in 2022 as a crisis management tool to help keep...