The Bank of Ghana (BoG) is bolstering its reserves to curb the cedi’s depreciation against major foreign currencies as demand for forex is anticipated to rise with the upcoming festive season.
The Central Bank’s move aims to reassure businesses and...
The November 2023 Summary of Economic and Financial Data by the Bank of Ghana has put the depreciation of Ghana’s currency – the cedi – at 25.8% as of November 2023.
Per the data, the cedi had remained relatively stable...
The Minority in Parliament says it will re-organise its "OccupyBoG" protest following its inability to submit a petition to the Governer of the Bank of Ghana (BoG) after yesterday's demonstration.
The Governer and his deputies were said to be in...
Member of Parliament for Bawku Central has said that the country’s financial woes and the Bank of Ghana’s 2022 record GH¢60.8 billion loss can be attributed to reckless spending.
Speaking on PM Express, Mahama Ayariga stated that despite the country’s economic...
All large scale mining companies in the country are to from January 1 next year, expected to sell 20 per cent of all refined gold at their refineries to the Bank of Ghana (BoG).
The purchase would be made in...
Singapore and Ghana will be working together to strengthen their cooperation as they collaborate on the Ghana Integrated Financial Ecosystem (GIFE) Project through the partnership of the Monetary Authority of Singapore (MAS), the Bank of Ghana (BoG), Development Bank...