Tag: BoG
Business
External debt at $27.6bn; GHC761.0bn total debt as of Nov 2024 – BoG
Ghana’s total public debt stood at GHC761.0 billion by November 2024, reflecting a month-on-month decrease of GH¢24.1 billion, according to the Bank of Ghana’s...
News
BoG records 2.4% cedi depreciation to dollar in January
The Ghana cedi depreciated by 2.4% against the US dollar in January 2025, marking a sharper decline compared to the 1.3% recorded during the...
Business
BoG adjusts gold coin rates following global gold price rise
The Bank of Ghana (BoG) has announced a modest price adjustment for its gold coins, in line with the recent surge in global gold...
Business
BoG can’t resolve inflation challenges, cross-sectoral approach needed – GSS
The Ghana Statistical Service (GSS) has emphasized the need for a collaborative, cross-sectoral approach to addressing inflation, stressing that the responsibility should not fall...
Business
BoG grants 15 brokers authorisation to operate in interbank FX market
The Bank of Ghana (BoG) has authorised 15 foreign exchange (FX) brokers to operate on the Ghana Interbank Foreign Exchange Market for the year...
Business
BoG Governor projects inflation will fall to single digits by the first quarter of 2026
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has announced that the central bank expects inflation to drop to single digits by...
Business
Salaries would’ve been withheld, no return on investment if not for DDEP – BoG Governor
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has revealed that salaries would have gone unpaid, and investment returns halted if not...
Business
BoG to activate MPCC if inflation surpasses 18% ±2% target – Report
The Bank of Ghana may activate the Monetary Policy Consultation Clause (MPCC) if the country fails to achieve the central inflation target of 18.0%...
Business
BoG rolls out stricter bancassurance regulations for financial sector shareholders
The Bank of Ghana (BoG) has released the bancassurance guidelines as an Exposure Draft, inviting feedback from the banking sector and the public, in...
Business
BoG to offer $120M in auction to BDCs in first quarter of 2025
The Bank of Ghana (BoG) is set to conduct a foreign exchange auction of $120 million for Bulk Oil Distribution Companies (BDCs) in the...
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