Bog

BoG increases policy rate to 22%; cost of borrowing to shoot up significantly

BoG uncovers ¢116.7m untraceable investments of collapsed MFCs, S&Ls and Finance House firms

Banking sector cleanup: EOCO investigates 100 properties to ascertain ownership status

Dollar shortage hits forex market, cedi depreciation nears ¢10 mark

EOCO gets ₵10 million to complete work on Banking Sector Clean up

Review investment law to prevent foreigners from repatriating 100% profit – GUTA to BoG

Banks wrote off ¢1.3bn as bad debt in half-year 2022

We haven’t banned dollar account – BoG

Cedi loses about ¢3.15 to dollar so far in 2022

Fuel shortage looms as forex crunch hit banks -Alex Mould

New loans surge 54% to hit ¢24.6bn in half-year 2022 – BoG

Investments constitute 40.5% of ¢200bn banking assets

BoG gives assurance cedi’s stability will be restored

eCedi will not disrupt Mobile Money transactions – BoG

BoG forecasts supply deficit for cocoa market in 2021/22 crop season

BoG dollar auction: demand outstrips supply by $105.25m; reason cedi depreciation severe

Fitch projects average inflation of 22% in 2022

Number of advertised jobs decreased marginally to 2,662 in June 2022 – BoG

Mixed performance of economic activities in first 5 months of 2022 – BoG

Interest rates hit almost 29%; government T-bills sale oversubscribed by 16%

Ghana’s debt-to-GDP ratio to hit 83% in 2022 – Fitch Solutions

Ghana could secure funding from IMF in 8 months’ time – Report

Cedi troubles yet to be over; loses about 7% value to U.S dollar in July

T-bills oversubscribed by 92% due to high interest rates

AGI welcomes BoG’s move to maintain policy rate at 19%

BoG dollar auctioning: bids outstrip sale by $82m

We haven’t printed ¢22.04bn to support government’s budget – Bank of Ghana

Government secures ¢2.41bn from T-bills sale but at higher interest rates

Average lending rate of banks surges to 24.2% in half-year 2022

Credit to private sector recovers to pre-pandemic levels; total advances hit ¢24.6bn

Banks record ¢4.4bn profit-before-tax in June 2022

Ghana records $1.43bn trade surplus in first half of 2022

Policy Rate kept unchanged at 19%; cost of borrowing to remain relatively same

Cedi loses 19.2% value to dollar in almost 7 months of 2022 – BoG

Mobile Money transactions fall in May but increase in June despite E-levy implementation

BoG educates staff of Ghana Immigration Service in Western Region on financial literacy

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