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Jinapor advises IMF Resident Advisor to BoG to be vigilant

The Member of Parliament for Yapei-Kusawgu has urged the newly assigned resident advisor for financial sector supervision at the Bank of Ghana (BoG) to...

$1 is sold at GH¢12.90, GH¢10.80 on interbank market as of Feb. 16

The Interbank forex rates from the Bank of Ghana today, February 16, 2023, have shown that the Ghana Cedi is trading against the dollar at a...

DDEP: Individuals, banks, insurance firms, SSNIT, foreign investors, BoG to lose ¢117.3bn – Report

Apart from a lack of transparency, poor information flow, bad faith and poor treatment of creditor groups, a report put together by Banking Consultant...

IMF designates a resident adviser to the Bank of Ghana

The International Monetary Fund (IMF) has appointed a Resident Advisor to the Bank of Ghana (BoG) to oversee financial sector supervision in the country. The...

BoG secretly printing monies to buy gold – Minority leader alleges

The minority leader, Dr. Cassiel Ato Forson, has expressed grave reservations regarding the government's gold-for-oil agreement, which aims to lower the cost of petroleum goods...

Cedi sells at GH¢12.60 for $1at interbank market as of February 14

The Ghana Cedi is currently trading against the dollar at a purchasing price of 10.7944 and a selling price of GH¢12.60 according to the Bank...

BoG’s intervention prevented economic standstill – Governor

Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has justified the bank’s decision to fund government spending in 2022 – stating that not doing so would...

Sammy Gyamfi accuses BoG Governor of illegally printing GH¢45 bn; calls for his prosecution

The National Communication Officer of the National Democratic Congress (NDC), Sammy Gyamfi, has accused the Governor of the Bank of Ghana, Dr. Ernest Addison,...

BoG printing GH¢41.9bn for govt somewhat illegal – Kabiru Mahama

The printing of more than GHS41 billion by the Bank of Ghana (BoG) to finance the government's budget in 2022, according to Dr. Tiah...

BoG data reveals declining confidence in the Ghanaian economy

Since the end of 2020, according to data from the Bank of Ghana, consumer and corporate confidence in the overall economy has been declining. Since...

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