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Ghana records trade surplus of $1.7 billion in August 2022

In August 2022, Ghana reported a trade surplus of $1.7 billion. Compared to August 2021, when US$892.4 million was reported, this is an increase.At...
Business

Cedi nears GH¢11 mark, bureaus sell $1 at GH¢10.98, BoG GH¢9.63 as at Oct. 7

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

Ghana records trade surplus of $1.7billion in August 2022

Ghana recorded a trade surplus of US$1.7 billion in August 2022. This is an increase from the US$892.4 million recorded in August 2021. This was...
Business

LIVESTREAMED: Bank of Ghana holds 108th MPC press conference

Following its planned 108th meeting, the Monetary Policy Committee of the Bank of Ghana is anticipated to make a decision regarding the policy rate. The...
Business

Notice of dormant accounts held by Absa Bank Ghana Limited

We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana Limited...
Business

Capping fuel prices wrong policy, says BoG

Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), has said capping fuel prices is a wrong policy. There have been calls for...
Business

Monetary policy rate now 24.5%; loans to become more expensive

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased its Monetary Policy Rate by 250 basis points to 24.5%. Addressing the...
Business

LIVESTREAMING: Bank of Ghana holds 108th MPC press conference

The Monetary Policy Committee of the Bank of Ghana is anticipated to make its decision following the postponement of its 108th scheduled meeting to...
Business

FLASHBACK: Stop issuing dud cheques, you will be jailed for at least 3 years – BoG cautions

The Bank of Ghana spelled out punitive measures that were being employed against the issuing of dud cheques. A dud cheque is when an amount...
Business

Heritage Bank did not meet new minimum capital requirement, had suspicious capital – Financial Analyst

According to Mr. Johnson Amoah, a financial analyst, the Bank of Ghana (BoG) had good reasons for withdrawing the licenses of Heritage Bank and...
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