Tag: interest rates
Business
BoG makes no profit from high interest rates – Governor to Togbe Afede
Bank of Ghana (BoG) has denied allegations of profiting from elevated interest rates.In a statement released on its official X account, formerly Twitter, the...
Business
Gov’t fails to secure GHC3.372 billion treasury bill target, interest rate drop
Interest rates saw a decrease across the yield curve in the recent treasury bill auction, signaling a shift in investor sentiment.The government experienced a...
Business
Interest rates fall, gov’t exceeds T-bills target by 41%
Interest rates continued their downward trend for the 12th consecutive week in 2024, aligning with analysts' forecasts and the disinflation process.Results from the...
Business
T-bills auction sees a 26.7% drop in interest rates as govt secures GHS4.83Bbn
Interest rates have seen a consistent decline over the past ten weeks, with demand for treasury bills remaining robust despite potential risks.As anticipated by...
Business
Ghana holds top spot for highest interest rates in Africa – Latest report
Ghana has maintained the top position for the highest interest rates in Africa over the last two years.Despite a decline in rates after...
Business
Interest rates for treasury bills surge to 32.8%
Despite concerns about the potential costliness of government maturities, interest rates on treasury bills continue to rise, persisting throughout most of the year.Although...
Business
Interest rates at 31%, Treasury bills oversubscribed by GHS343m
In the most recent treasury bill auction held on September 8, 2023, the government exceeded its set target.The government was able to raise GH¢2.94...
Business
Increased interest rate yields consistent oversubscriptions of treasury bills
Subscriptions for treasury bills in the government's most recent auction on September 1, 2023, have experienced a significant surge.The government not only met but...
Business
Non-oil export affected by hikes in interest rates – NEPC says
A major hindrance to the smooth growth of non-oil exports in Nigeria is the limited access that exporters have to banks' financial services.Dr....
Business
Interest rates hit 30.30% as government records marginal oversubscription
Government has witnessed a slight oversubscription of the treasury bills auction, while interest rates continued their upward trend in the money market.According to the...
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