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Blame the decline of the cedi for the increasing debt – Economist

According to Courage Boti, an economist of GCB Capital, the depreciation of the cedi against foreign currencies is to blame for Ghana's soaring debt...

DDEP: The BoG is prepared to assist banks with liquidity plans

Bank of Ghana Governor, Dr. Ernest Addison, has stated that the central bank is prepared to protect the financial sector and has plans to...

Bank of Ghana has printed over GH¢50bn in one year – Minority Leader

Minority Leader Dr Cassiel Ato Forson is accusing the Bank of Ghana (BoG) of printing more than ¢50 billion in a year. This he said is the cause of...

Cedi sells at GH¢12.80 for $1, GH¢10.80 on interbank market as of February 2

The Interbank forex rates from the Bank of Ghana today, February 2, 2023, have shown that the Ghana Cedi is trading against the dollar...

Barclays closure means Watton will lose last remaining bank

A market town is to lose its last remaining bank after bosses said it had just 12 regular customers. The Watton, Norfolk, branch of Barclays...

Forex bureaus sell $1 at GH¢12.80, GH¢10.80 on interbank market as of February 1

The Interbank forex rates from the Bank of Ghana today, February 1, 2023, have shown that the Ghana Cedi is trading against the dollar...

Imminent takeover of domestic banks must be averted – Mahama Ayariga

Mahama Ayariga, MP for Bawku Central has warned that if the Governor of the Bank of Ghana does not step in and seek legal...

Access to savings, credit and investment remains a challenge – BoG charges FinTechs

Bank of Ghana Governor, Dr. Ernest Addison, has underscored the importance of providing inclusive access to a wide range of financial products and services...

BoG increases Policy rate to 28%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the monetary policy rate – the rate at which it lends...

Ghana’s balance of payments position worsens to $3.64 billion deficit – BoG report

Recent data released Bank of Ghana showed that the country’s balance of payments (BoP) position worsened to a deficit of $3.64 billion in December...

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