Tag: BoG
Business
Total assets in banking sector surge by 3.4% to GHC367.2bn – BoG
The Bank of Ghana (BoG) reports that total assets in the banking sector increased by 3.4% month-on-month to reach GHC367.2 billion in October 2024....
Business
BoG reports $3.8bn trade surplus in October 2024
Ghana recorded a trade surplus of $3.8 billion by the end of October 2024, demonstrating sustained export growth despite global economic challenges.This milestone,...
Business
Value of MoMo transactions surge by GHC13.7 billion – BoG
Data from the Bank of Ghana reports a significant increase in mobile money transactions, a proof of a significant hike in adoption of digital...
Business
BoG’s inflation projections for 2025 shift amid mixed economic signals
The Bank of Ghana's latest assessment reveals a mixed outlook for Ghana's economy, with inflation remaining a key concern. Inflation, initially expected to return...
Business
BoG maintains policy rate at 27% due to currency and inflationary pressures
The Bank of Ghana's (BoG) Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged at 27%, they announced in a communiqué,...
Business
BoG, forex bureau exchange rates for major currencies as at Nov 29
Ghana's local currency, the cedi, has strengthened against major currencies, especially the US dollar.As of November 29, 2024, the Bank of Ghana reported that...
News
Give incentivized loans for purchase of locally assembled cars – Volkswagen CEO tells BoG
The Chief Executive Officer of Volkswagen Ghana, Mr. Jeffery Oppong Peprah, has urged the Bank of Ghana to support key players in the automobile...
Business
GHS11K to GHS45K gold coin launched by BoG
The Bank of Ghana (BoG) has officially launched the Ghana Gold Coin (GGC) as a new financial asset aimed at providing the public with...
Business
Climate Change threatens loans and banking stability – BoG
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has raised concerns about the significant threats posed by climate change to Ghana’s financial...
News
New BoG headquarters symbolizes the progress of our economy – Akufo-Addo
President Nana Akufo-Addo has described the newly commissioned Bank of Ghana (BoG) headquarters, “The Bank Square,” as a testament to Ghana’s economic progress and...
Must read