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Enhance stability fund to aid struggling banks – Dr Atuahene to govt and BoG

An expert in banking and finance, Dr. Richard Atuahene, has asked the Bank of Ghana (BoG) and the government to boost the Ghana Financial...
Business

A dollar goes for GHS12.00, GH¢10.78 on BoG interbank

The Bank of Ghana's interbank forex rates for today, May 26, 2023, show that the Ghana Cedi is trading versus the dollar at a...
Business

BoG sets up Cybersecurity Centre to tackle emerging challenges

Governor of the Bank of Ghana (BoG), Dr Ernest Addison,  says the Financial Industry Command Security Operations Centre (FICSOC) is a key component of...
Business

Ghana’s policy rate remains unchanged at 29.5%

The Bank of Ghana's Monetary Policy Committee (MPC) has decided to maintain the policy rate at 29.5%, marking the first time since July 2022...
Business

BoG Act to be reviewed under new IMF deal

Reports indicate that as part of Ghana's International Monetary Fund (IMF) programme, revisions will be made to the Bank of Ghana (BoG) Act to...
Business

Bankers express concern over Card fraud schemes

Recent events have exposed card fraud schemes that have left some consumers suffering from unauthorized money transfers and subsequent avoidance of mandatory charges. The issue...
News

It will be difficult for Mahama to revive banks that were ‘unjustly’ collapsed – Financial Expert

A financial analyst, Joe Jackson has opined that former President, John Dramani Mahama would face a difficult task in restoring the licenses of banks...
Business

Market expects BoG MPC to maintain policy rate at 29.5%

The market expects the Bank of Ghana's Monetary Policy Committee (MPC) to follow a policy-hold strategy this week at its 112nd meeting by keeping...
Business

A dollar sells at GHS11.90 by bureaus, GHS10.96 on BoG interbank

Today, on May 16, 2023, the Ghana Cedi is trading against the dollar at a purchasing price of 10.9580 and a selling price of...
Business

Ghana Cedi trading at GHS12.10 to $1, GH¢10.96 on BoG interbank as of May 11

The Ghana Cedi is currently trading against the dollar at a purchasing price of 10.9543 and a selling price of 10.9653, according to the...
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