Bog

Pace of cedi depreciation to slow down this week following BoG’s timely additional measure

Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor

Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor

Ghana Financial Stability Fund has taken off – Governor

BoG’s losses in 2022 were necessary to save Ghana’s economy – Dr. Addison

T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%

Payment industry records significant growth in 2022; value of interbank transactions up 20.24% – BoG

Economic stability taking shape; We will consolidate gains – 1st Deputy Governor

BoG increases minimum paid up capital of Credit Bureaus to ¢6m

BoG to close down some distressed NBFIs

Ghana attains all fiscal targets in line with IMF programme – BoG

IMF cash, cocoa loan to arrive before end of 2023 – BoG Governor assures

MPC keeps policy rate at 30%

Total Mobile Money transactions in 10 months of 2023 reach ¢1.527trn

Average lending rate surges to 32.69% – BoG

T-bills: Interest rates fall for 3rd week running; Government gets ¢5.008bn

Ghana’s gross reserves improve slightly to 1.1 month of import cover; Trade surplus increases to $2.058bn

Cedi depreciates 25.8% to dollar since January 2023 – BoG

Ghana’s public debt fell by ¢14.2bn to ¢567.3 in September 2023; fiscal deficit on target

DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate

Cedi depreciation slowed down last week; one dollar equals ¢12.18

Zeepay Ghana fined, forex license suspended temporarily

OSP begins probe into BoG’s $222M new head office after Mahama Ayariga’s petition

86,719 assets registered as collateral in quarter 3, 2023

BoG warns Ghanaians against 8 unapproved money transfer organisations

BoG still concerned about number of bank staff involved in financial sector fraud

Banking thrives on trust; Misconduct by players erodes confidence – Governor

Market uncertainties continue to weigh on cedi; one dollar going for ¢12.14

Pressure on cedi mounts; one dollar equals ¢12.13

Assess repayment capabilities of borrowers before guaranteeing loans – BoG

We are always ready to respond appropriately to inflation – BoG

T-bills auction: Interest rates up for 36th week running; government records 33% oversubscription

Fitch predicts increase in BoG’s foreign reserves to $7.7bn in 2025

Ghana’s public debt to decline to 87% of GDP in 2023 – Fitch

We expect disinflation process to continue to achieve inflation target in medium-term – BoG

Banks’ balance sheet healthy despite weakening asset quality – BoG

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