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Bank of Ghana’s July 2024 report reveals surge in non-performing loans

The Monetary Policy Report for July from the Bank of Ghana highlights a significant increase in the banking sector's Non-Performing Loans (NPL) ratio, which...

Why BoG vows to maintain tight monetary policy

The Bank of Ghana has affirmed its dedication to sustaining a stringent monetary policy until inflation shows a consistent downward trend. In a statement to...

Bank of Ghana unveils unified foreign exchange platform

The Bank of Ghana (BoG) has introduced a centralized foreign exchange trading platform. In a statement issued by Sandra Thompson, Secretary to the Bank of...

Cedi falls 19.6% against the US Dollar as of July 2024 – BoG

As of July 2024, the Ghana cedi has experienced a depreciation of approximately 19.6% relative to the US dollar on the interbank forex market,...

29% policy rate maintained by BoG following 119th meeting

The Monetary Policy Committee of the Bank of Ghana has opted to hold the policy rate steady at 29% after its 119th regular meeting. This...

BoG to keep monetary policy rate at 29%

For the third straight time, the Bank of Ghana (BoG) has decided to keep the Monetary Policy Rate at 29 percent. The Monetary Policy Rate...

BoG vindicated in UniCredit licence revocation by Supreme Court

The Supreme Court of Ghana has upheld the Bank of Ghana's (BoG) decision to revoke UniCredit Ghana Limited's operating license, reversing an earlier appellate...

Second phase of Minority’s #OccupyBoGProtest to take off on July 30

The Minority caucus in Parliament has formally informed the Ghana Police Service of their plans to stage a protest demanding the resignation of the...

BoG board members paid over GHC5m as allowance in 2022 – Report

Each of the 10 board members of the Bank of Ghana (BoG) received GH¢510,000 in allowances last two years, as reported in the central...

Crisis: Bank of Ghana goes in bankruptcy

The Minority in Parliament has accused the management of the Bank of Ghana (BoG) of engaging in illegal activities. The caucus claims the said activities...

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