Tag: Bank of Ghana
Business
Bank of Ghana convenes meeting to address Mobile Money users’ concerns
The Bank of Ghana has scheduled a meeting for today, February 6, 2024, which will involve officials from the Ghana Revenue Authority and various...
Business
Bank of Ghana launches database portal for enhanced data access
The Bank of Ghana (BoG) has introduced the Beta Version of its Database Portal, a significant move towards consolidating macroeconomic data retrieval and visualization.This...
Business
Cedi depreciation continues despite Bank of Ghana’s Efforts
Despite the Bank of Ghana's efforts to stabilize the currency by selling $7 million in the spot market and conducting a $20 million auction...
Business
BoG introduces user-friendly Beta version of Macroeconomic Database Portal
The Bank of Ghana (BoG) has unveiled the Beta Version of its Database Portal, a crucial step towards creating a unified platform for extracting...
Business
BoG greenlights RightCard’s remittance operation in Ghana
RightCard Payment Services Limited, also known as LemFi, has received approval from the Bank of Ghana (BoG) to resume its remittance services to Ghana...
Business
GCB capital lauds BOG policy rate; hints persistence in introducing lower rates
The Bank of Ghana ( BOG) announced on Monday, January 29, 2024, that it will lower the policy rate by 100 basis points.The decision...
Business
BoG records over GHC900bn increase in mobile money transactions
The total value of mobile money transactions in Ghana reached a record level in 2023, according to the 2023 Summary of Economic and Financial...
Business
BoG reduces policy rate by 1% after intense pressure
The Monetary Policy Committee of the Bank of Ghana (BoG) has announced a reduction in its key lending rate from 30% to 29.0%.Chairman...
Business
BoG gives nod to recapitalization plans for underfunded banks – IMF reports
The International Monetary Fund's (IMF) "2023 Article IV Consultation" Staff Report reveals that the Bank of Ghana has given approval to the recapitalization proposals...
Business
Ghana received $16.6bn from total exports in 2023 – BoG
The Bank of Ghana has indicated that Ghana received a whooping US$ 16.6 billion at the end of 2023.This was contained in the Central...
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