By Toma Imirhe This week, the dynamic Cash Reserve Ratio (CRR) framework for commercial banks, announced by their regulator, the Bank of Ghana a fortnight ago, will commence. This marks …
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Cash Reserve Ratio (CRR)
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Business, Small BusinessEconomy and FinanceNews
BoG amends Cash Reserve Ratio to mop up GH¢16bn …and shield Cedi from market pressures
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a decisive regulatory intervention designed to insulate the domestic currency from building macroeconomic shocks, the Bank of Ghana (BoG) is adjusting its Cash Reserve Ratio …
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Business, Small BusinessEconomy and FinanceNews
BoG’s dynamic CRR is a liquidity management upgrade
by Adnan Adamsby Adnan AdamsThe decision by the Bank of Ghana as announced last week, to introduce a 20 percent dynamic Cash Reserve Ratio (CRR) framework for commercial banks marks one of the most …