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BoG stands to tackle exchange rate volatility

To address the volatility of the foreign exchange rates in the country, the Bank of Ghana (BoG) is preparing to adopt market-based pricing of...

There have been gains but we must bring inflation rate down...

Bank of Ghana governor; Ernest Addison believes the worst is over for the cedi, noting in a Bloomberg TV interview that series of factors...

Bank of Ghana unable to state cost of impending Cedi note...

Following the announcement by the central bank of a deployment of upgraded banknotes in May, Head of Communications at the Bank of Ghana, Esi...

Microfinance sector cleanup set for 2nd quarter with GHc700m budget

The central bank is set to clean the microfinance sector in the second quarter of the year according to Governor Ernest Addison. The Bank of...

BoG ready to aid women entrepreneurs to access credit – Awadzi

Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi has expressed the central bank’s resolve to create an enabling environment for women...

Payment Systems and Services Bill expected to be passed in June

The Bank of Ghana says it is confident the Payment Systems and Services Bill which is before parliament will be passed in June. The bill...

GN Bank customers frustrated with hindrance in accessing funds, declare demo

GN Bank customers are up in arms against the financial body for hindering them from accessing their funds from August 2018 with one excuse...

The cedi’s renewed fragility

Yet again, the cedi is in the news for its fragility. To be sure, its ongoing depreciation is nowhere near its nightmarish fall in...

Cedi fared better against a host of currencies in 2018 –...

The Bank of Ghana is of the view that the cedi performed relatively well in comparison to other frontier and emerging markets in 2018. Governor,...

Recoveries from liquidated banks unlikely

Following the revocation of the licenses of the five banks (Sovereign Bank, Beige, Construction Bank, Royal Bank and UniBank) on August 1, 2018, which...

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