Tag: Bank of Ghana
Business
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,...
Business
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...
Business
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...
Business
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...
News
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...
Headline
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...
Business
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...
Business
Interest rates remains unchanged despite 19.47% oversubscription in treasury bills
Government witnessed a 19.4% oversubscription in its treasury bills auction, indicating a renewed demand for short-term instruments.As per the Bank of Ghana’s auction outcomes,...
Business
BoG allocated GHS675.4m for currency printing in 2023 – Report
The Bank of Ghana allocated GH¢675.4 million for currency printing in 2023, marking a 107.4% surge compared to the GH¢325.64 million expenditure in 2022,...
Business
Private sector contributions to SSNIT reach an all-time high of GH¢395.34 million in March 2024
Private sector contributions to the Social Security and National Insurance Trust (SSNIT) in March 2024 hit an all-time peak of GH¢395.34 million, as reported...