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Ghanaians berate Bank of Ghana after announcement of new GH¢1 coin with security upgrades

A new version of the GH1 coin with improved security measures has been introduced, according to the Bank of Ghana (BoG). “The upgraded GH¢1 coin...

Debt exchange plan will boost confidence in Ghana’s economy – Addison

The Governor of the Bank of Ghana, Dr Ernest Addison, has expressed optimism that the proposed Debt Exchange Programme announced by the government will...

US partly to blame for Ghana’s economic strain – BoG

The Central Bank has attributed some of Ghana’s current economic crisis to external factors that arose as a result of the United States of...

BoG will ensure banks remain solvent – Dr Addison

Dr. Ernest Addison, the governor of the Bank of Ghana (BoG), has expressed worry about the solvency of some Ghanaian banks. According to him, the...

BoG’s decision to halt forex support for import of rice and others is bad, says Kofi Bentil

Kofi Bentil, the vice-president of IMANI Africa has described the decision by the Bank of Ghana (BoG) to halt forex support for imports for...

Ghana Stabilisation Fund faces depletion – PIAC warns

The Public Interest and Accountability Committee (PIAC) has hinted that the Ghana Stabilisation Fund (GSF) risks facing a devastating depletion. According to the PIAC, the...

BoG overdraft necessary and apt, it helped to keep gov’t machinery running – Analyst

A financial analyst, Dr Amos Anim has commended the Bank of Ghana for providing financing to keep the government machinery running. Dr Amos Anim indicated...

‘Stabilize the Ghana Cedi’ – Otumfuo urges BoG

The Asantehene, Otumfuo Osei Tutu II, has appealed to the Bank of Ghana to take necessary steps to stabilize the forex market. In a speech...

BoG denies colluding with illegal forex traders at Accra

The Bank of Ghana (BoG) has strongly denied claims of collusion with illegal foreign exchange traders (forex) at the Central Business District in Accra...

We are not engaged in any illegal transfer of funds offshore – BoG refutes claims

The Bank of Ghana has dismissed claims that it was actively collaborating with some operatives at Cowlane in Accra to illegally transfer funds offshore. This...

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