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Recapitalisation of banks progressing, but credit risks surge – IMF
AI has come to stay, let’s embrace its positive impact on forecasting, economy – First Deputy Governor
Average lending rates fall again to 30.45% in October 2024
GSE bounces back strongly; market capitalization hits GH¢100.1bn
$360m IMF fund to boost dollar supply and strengthen cedi; one dollar equals GH¢16.50
Unchanged monetary policy rate to support cedi recovery, ensure external sector stability – Deloitte
Total value of mobile money transactions hit GH¢2.368trn in October 2024
Domestic economy remains stable – BoG
T-bills: Government’s target fall short by GH¢2.26bn; interest rate still rising
Mobile Money transactions hit 728m, valued at ¢298.6bn – BoG
Ghana’s gross reserves hit $7.92bn as of November 22, 2024 – BoG
BoG assures recent rebound of cedi to continue; one dollar equals GH¢16.50
Business confidence improves, but consumer confidence remains unchanged – BoG
Monetary Policy Committee keeps policy rate at 27%
Ghana’s public debt falls by GH¢46.8bn to GH¢761.0bn in October 2024
Secured loans: Greater Accra accounts for 62.8% of total loans; GCB records highest of 16.4%
Building create jobs, increase property values and enhances economic growth – 1st Deputy Governor
Leasing companies record lowest lending rate of 13.8%; MFIs highest with nearly 50% – BoG
95,340 collateral registrations recorded in quarter 3, 2024 – BOG
Ghana Gold Coin goes on sale: A quarter ounce at GH₵11,188.12 on Nov. 26
Cedi’s recovery continues; one dollar going for GH¢16.70
BoG Governor calls for increased preparedness to respond to emerging financial sector challenges
Akufo-Addo applauds BoG Governor, his two deputies for prudent economic management
New BoG head office will reduce cost of operations – Dr. Addison
New BoG head office “The Bank Square” is a symbol of economic progress – Akufo-Addo
Cedi stages recovery against dollar, others; one dollar equals GH¢16.79
Suspension of Foreign Exchange Licence does not affect normal banking operations – CBG
BoG suspends Foreign Exchange Trading Licence of CBG for one month, effective Nov. 26
Cedi begins week promisingly despite heightened demand pressures: One dollar equals GH¢17
Internet banking customers increased by 16.60% to 1.317m in 2023 – BoG
Number of secured loans granted to women-owned businesses far outstrips male counterparts – BoG
Over $14.6m, £2.4m, and GH₵167.8m found in dormant accounts at BoG – ILAPI
High inflation is due to monetary policy failure – IEA
Cedi records year-to-date loss of nearly 29%; one dollar going for GH¢17.10
Liquidity risk remains well-contained in banking industry – BoG
BoG reiterates commitment to reducing NPLs
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