Bank of Ghana (BoG) has refuted media report that its facility has been gutted by fire Thursday morning. According to the central, the fire incident in it facility is
BoG’s Policy Rate Now 27%
THE CENTRAL Bank has announced it is raising the policy rate by another 250 basis points to 27.0%, the highest level in recent years, as it fights to rein
IMF deal: Ghana Likely To Get $3bn– BoG
Dr Ernest Addison The Governor of the Bank of Ghana (BoG), Dr Ernest Addison has expressed confidence in Ghana securing $3 billion in the ongoing negotiations with the International
BoG Hikes Policy Rate To 24.5%… To Tame Soaring Prices
Dr. Ernest Addison THE CENTRAL Bank yesterday announced a 250-percentage points increase to the policy rate to push it up to 24.5%, to help tame soaring prices in the
BoG Prays For Early IMF Bailout
Elsie Addo Awadzi The Bank of Ghana (BoG) has stated that early conclusion of the International Monetary Fund (IMF)-supported programme discussions will help re-anchor economic stability of the country. Governor
BoG Allots $420m To BDCs In Final Quarter
As part of its foreign exchange auctions, the Bank of Ghana (BOG) has earmarked a total of $420 million to Bulk Oil Distribution Companies (BDCs) through banks in the final
BoG Issues New Directives On Digital Financial Services
The Bank of Ghana (BoG) has cautioned banks and specialized deposit-taking institutions against unfairness and ambiguity in the delivery of information via digital platforms. This was contained in the
BoG Auctions US$25m To Dealers
Dr. Ernest Addison THE BANK of Ghana (BoG) has offered US$25 million to the dealers through its Forex Forward Rates Auction (FFRA), the bank’s Secretary, Sandra Thompson, has indicated. According
BoG Holds Emergency Meeting Today
Dr. Ernest Addison THE BANK of Ghana will this morning hold an emergency to review developments in the economy over the past month, a release it issued has stated. Though
Reprioritise Spending – BoG To Govt
Dr. Ernest Addison THE CENTRAL Bank has urged Government to reprioritise its existing spending programmes to ensure fiscal and debt sustainability. This is because fiscal authorities in emerging markets
Govt Exposes NDC – BoG Hasn’t Printed Money
Dr. John Ampontuah Kumah THE MINISTRY of Finance has refuted the opposition National Democratic Congress (NDC)’s false claim that it has prevailed on the Bank of Ghana (BoG) to
BoG Maintains Policy Rate At 19 %
Dr. Ernest Addison The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the Monetary Policy Rate (MPR) at 19 per cent. According to the Committee, the
Cedi Loses 19.2% To Dollar – BoG
THE BANK of Ghana (BoG) has disclosed that the cedi lost 19.2 per cent in value to the US dollar in almost seven months of 2022. According to the