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Tag: Bank of Ghana

The Ghanaian cedi has posted recent gains against the US dollar, a trend attributed to the United States’ ongoing tariff war with several global economies, according to economist and senior lecturer at the Ghana Communication Technology...
Former Vice President and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, has strongly condemned the politicisation of the protracted Bawku conflict, describing it as an unfortunate trend that undermines efforts toward peace and stability in...

Cedi Has Depreciated By 6.5% Against The U.S. Dollar Since January 1

Optimism surrounding the stability of Ghana’s currency, the Cedi, at the start of the year has been short-lived, as traders and analysts raise alarms...

Bank of Ghana has adequate reserves to support the cedi – Finance Minister assures.

Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to...

E-Cedi transaction value hits GH₵473m in pilot phase – BoG

In the Bank of Ghana’s report released on October 22, 2024, the E-Cedi pilot phase success was highlighted, achieving a significant milestone with a...

The Bank of Ghana has enough in its reserve- Governor Addison says.

According to the Governor of the Bank of Ghana Dr. Ernest Addison, they have accumulated enough in their reserve to meet the market demand as the country heads into the Christmas season.

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