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Tag: Bank of Ghana

Deloitte: Disinflation Opens Door for Bank of Ghana to Cut Interest Rates

Global professional services firm Deloitte has said Ghana’s sustained disinflationary trend provides the Bank of Ghana (BoG) with ample room to begin cutting interest...

Cedi Stable, But Dollar Is Scarce: Importers Cry Foul Over Dollar Shortage At Banks

A growing contradiction between official exchange rates and real-world market dynamics is wreaking havoc on Ghanaian businesses, particularly importers, who say they are being...

Government’s Treasury Bill Auction Falls Short for Third Consecutive Week Amid Investor Caution

For the third consecutive week, the Government of Ghana has failed to meet its Treasury bill (T-bill) auction target, signaling a potential shift in...

Government’s T-Bill Borrowing Hits GH¢95 Billion in Q1 2025 — A 48% Jump Over Previous Year

The Government of Ghana significantly ramped up its borrowing from the domestic short-term Treasury bill (T-bill) market in the first quarter of 2025, with...

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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