By Francis Kobena Tandoh The Bank of Ghana (BoG) has announced the suspension of remittance partnerships of five international money transfer operators (MTOs) for a […]
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Ghana’s central bank governor urges broadening credit for private sector
Bank of Ghana Governor Johnson Asiama has urged the banking sector to broaden access to credit to support private sector-led growth in the economy. Speaking […]
Share UsBoG cuts down policy rate by 300 basis points to 25%
The Bank of Ghana (BoG) announced on Wednesday a cut its benchmark policy rate by 300 basis points, following a Monetary Policy Council (MPC) meeting […]
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Ghana sees economic recovery backed by policy coordination: central bank
Bank of Ghana Governor Johnson Asiama said Tuesday that the country’s economy has been recovering, thanks to synchronized policy implementation between the central bank and […]
Share UsBoG reverses dismissal of almost 100 staff after Minority intervention
The Bank of Ghana (BoG) on Thursday reversed its earlier decision to terminate the appointments of nearly 100 personnel recruited in December 2024, following Minority […]
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Minority demands reinstatement of dismissed BoG Staff
The Minority in Ghana’s Parliament on Tuesday demanded the immediate reinstatement of about 100 staff dismissed by the Bank of Ghana (BoG) recently. Addressing journalists […]
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BoG holds policy rate unchanged as inflation eases
The Bank of Ghana on Friday held its benchmark interest rate unchanged at 28 percent, citing a stronger local currency and easing inflation. Bank of […]
Share UsBoG Governor assures of price reduction soon to reflect cedi gains
By Francis Kobena Tandoh Governor of the Bank of Ghana, Dr. Johnson Asiama, said on Friday the consuming public can expect a gradual reduction in […]
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“Gold for Reserves” Policy: Historical contributions of successive governments
The Bank of Ghana (BoG) began preserving gold reserves in 1961 during the administration of President Kwame Nkrumah. However, this practice was discontinued in 1962 […]
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BoG says over-the-counter foreign currency withdrawals allowed
By Francis Kobena Tandoh The Bank of Ghana (BoG) said on Thursday that over-the-counter (OTC) cash withdrawals in foreign currency from bank accounts are allowed, […]
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