Bog

Dollar breaks ¢11 mark; forex bureaus sell a dollar for ¢11.2

Total Mobile Money transactions fall by 2% year-on-year in August 2022; E-levy impact marginal

Ghana’s gross reserves fall to 2.9 months of import cover in September 2022

Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG

Government records fiscal deficit of 6.4% as of September 30, 2022 – BoG

Cedi loses 37.5% in value to dollar as of September 30, 2022 – BoG

Banks profit-before-tax grows 25.2% to ¢6.1bn

Economic activity moderate as construction, port activities slowdown – BoG

Loans to become more expensive as BoG hikes policy rate to 24.5%

BoG dollar auction: Demand outstrips supply by $72.2m as $1 hits ¢10.92

BoG partners key players in financial sector to address challenges

BoG delayed in increasing policy rate – World Bank

BoG assures of cedi stability ahead of festive season in December

Peg dollar for duty payments at least quarterly – GUTA to government

BoG must review policy rate increases; economy not responding – Alhassan Andani

Cedi registers unprecedented weekly decline in trading as dollar demand surges

Banking industry remains robust against extreme loan impairment in 2021 – BoG Stress Test

Sim card re-registration: BoG warns Mobile Money loan defaulters to clear debt – BoG

SSNIT pension scheme continues to post negative return on investments; records -12.6% return in quarter 1 – Report

BoG postpones quarterly MPC briefings over IMF team visit today

Phasing out ¢1, ¢2 notes will further hike inflation – IEA Director of Research

Tracing activities of ‘Black Market’ operators could stop illegal supply of dollars from banks, BoG staff – GUTA

We’ll punish institutions pricing in dollars, other foreign currencies – BoG

Addressing cedi depreciation: BoG, Police arrest over 76 ‘Black Market’ dealers

Addressing cedi depreciation: Implement effective system to identify buyers, sellers of forex – Employers Association

It will be disastrous for economy if policy rate is increased – IEA

Demand pressures intensify as cedi continues to fall against dollar

Interest rates still surge as government borrowing costs increase

BoG to sell $420m to BDCs in final quarter of 2022

Deteriorating business conditions may soften BoG’s hawkish stance – Report

Government sells Treasury bills at 31% as interest rates rise

Deal with ‘black market’ to bring sanity to forex market – Forex Bureau Association to BoG

BoG dollar auction: Demand falls marginally but exceeds supply by $82.7m

BoG to impose sanctions on banks that breach digital financial services guidelines

Cedi depreciation risks persist despite improved performance

Don’t issue dud cheques, securing loans will be adversely affected – BoG to bank customers

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