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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...
News

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...
News

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...
News

Reduce policy rate to help struggling businesses boost production – BoG told

The Ghana National Chamber of Commerce and Industry (GNCCI) is advocating for a reduction in the policy rate to support business growth. The Monetary...
News

I’m totally disgusted! – Mahama fumes as he accuses BoG of illegally printing billions of cedis

Former President John Dramani Mahama has called upon the minority caucus to closely scrutinize the activities of the Bank of Ghana concerning the recent...
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