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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...

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...

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%...

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...

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...

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....

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,...

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...

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...

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,...

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