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BoG reiterates reason for financing govt’s 2022 budget deficit

The financing of the government's 2022 budget with roughly ¢44.5 billion has been justified by the Bank of Ghana (BoG). At the end of December...

Government would securitize Central Bank loans worth $3.3 billion

Ghana intends to convert loans to the Bank of Ghana that are believed to be worth 40 billion cedis ($3.3 billion) into bonds, making...

The Bank of Ghana to stop funding the budget deficit

According the Bank of Ghana President Dr. Ernest Addison, the International Monetary Fund (IMF) program will put a stop to the Bank of Ghana's...

As of February 6, one Ghanaian cedi is worth GHS 12.70, or GHS 10.80, on the interbank market

The Interbank forex rates from the Bank of Ghana today, February 6, 2023, have shown that the Ghana Cedi is trading against the dollar...

Govt to securitize $3.3bn in BoG loans – Report

Ghana intends to convert loans to the Bank of Ghana that are believed to be worth 40 billion cedis ($3.3 billion) into bonds, making...

We publish weighted average of transaction rates, not BoG forex rates – 1st Deputy Governor

The daily publishing of foreign exchange rates, which sets the rates lower than those offered on the retail or forex market, has been defended...

BoG will print new money to buy the gold – Dr Kofi Amoah

Dr. Kofi Amoah, a well-known economist and businessman, has claimed that the government will though the Bank of Ghana to print additional money in...

COPEC furious after learning that money was used to buy “gold for oil”

Duncan Amoah, the Executive Secretary of COPEC in Ghana, has urged the administration to be transparent about the true specifics of the gold-for-oil policy. He...

Policies implemented by the BoG increase financial inclusion by 68%

Financial inclusion increased from 22 percent in 2011 to 68 percent in 2021 thanks to Bank of Ghana (BoG) policies, particularly those fueled by...

Cedi trades at GHS12.80 to $1 on the foreign exchange market and GHS10.80 on the interbank market

Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra. The Interbank forex rates from the Bank of Ghana today, February...

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