The Director of Research at the Bank of Ghana, Dr Philip Abradu-Otoo, has stressed that decisions on Ghana’s key policy rate are anchored in the performance of the real economy, …
Bank of Ghana (BoG)
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A renowned economist has raised concerns over the Bank of Ghana’s cut in its Monetary Policy Rate by 350 basis points to 21.5% amid potential inflationary pressures. He posited that …
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After a strong appreciation to peak reach around GHC10.02 to US$1.0 averagely, the Ghana cedi has broken the chain to run loose since August this year to sell at GH¢13.10 …
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Economy and Finance
MPC’s 126th in session; key considerations are falling inflation, currency pressures and tariff risks
by Adnan Adamsby Adnan AdamsThe Monetary Policy Committee of the Bank of Ghana began its 126th regular meeting on Monday, September 15, 2025, with a focus on key developments shaping the economy. That’s a …
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As part of measures to control foreign currency exchange market, commercial banks have started enforcing a new directive from the Bank of Ghana on foreign currency withdrawals. The directive is …
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Economy and Finance
ADB MD pushes for Non-interest banking and finance
by Adnan Adamsby Adnan AdamsThe Managing Director of the Agricultural Development Bank (ADB) PLC, Edward Ato Sarpong, has expressed support for the Bank of Ghana’s (BOG) non-interest banking and finance initiative, describing it as …
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Economy and Finance
BoG’s remittance oversight a stability measure, not panic response — Atuahene
by Adnan Adamsby Adnan AdamsBanking consultant Dr. Richmond Atuahene has dismissed claims that the Bank of Ghana is acting out of panic following its recent clampdown on the foreign-exchange and remittance markets. His remarks …
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Economy and FinanceMining & Energy
Gold reserves increased by 4.7% to 36.02 tonnes in August 2025 – BoG
by Adnan Adamsby Adnan AdamsThe Bank of Ghana’s gold reserves increased by 4.70% in July 2025 to 36.02 tonnes in August 2025. According to data from the Central Bank, the gold reserves have risen …
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All things being equal, under the authority of Ghana Gold Board, Ghana’s gold output will be refined locally before export starting October 2025. This will be done through a new …
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Economy and Finance
Governor Asiama optimistic of private sector credit rise
by Adnan Adamsby Adnan AdamsGovernor of the Bank of Ghana (BoG), Dr Johnson Asiama, has said that the central bank is optimistic that private sector credit will begin to rise. He has pointed out …