Bank of Ghana
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BUSINESS NEWS
BoG withdraws FX support for importation of poultry, vegetable oils, others
The Bank of Ghana has revealed that it will no longer provide FX support for some food items imported into…
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BUSINESS NEWS
Monetary Policy Rate increased to 24.5%
The Monetary Policy Rate has been increased by 250 basis points to 24.5 percent. The Bank of Ghana has said…
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BUSINESS NEWS
Embrace Digitisation in Operations: Bank of Ghana
Maxwell Opoku-Afari, First Deputy Governor of the Bank of Ghana, has warned that the inability of businesses to incorporate and…
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BUSINESS NEWS
Bank of Ghana cautions banks on money transfers abroad
The Chief Manager of the Banking Supervision Department at the Bank of Ghana (BoG), Mr. Philip Danso, has cautioned commercial…
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BUSINESS NEWS
Total exports contracted by 9.2% in first two months of 2021 – BoG
Total exports contracted by 9.2% year-on-year to US$2.5 billion in the first two months of 2021, the Bank of Ghana…
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BUSINESS NEWS
Latest Bank of Ghana data point to economic stress
The latest summary of economic and financial data released at the weekend by the Bank of Ghana ahead of its…
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BUSINESS NEWS
BoG commits US$200 million to FX forward market in 2 months
The Bank of Ghana has in the first two months of the year committed a total of US$200m to the forex market…
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BUSINESS NEWS
New rules to protect dormant deposits
The Bank of Ghana last week unveiled new regulations that address the sometimes controversial issue of inactive deposit accounts. Up till now,…
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BUSINESS NEWS
BoG issues directives on dormant and unclaimed accounts
The Bank of Ghana (BoG) has come out with regulations directing all financial institutions on how to treat customers’ accounts…
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BUSINESS NEWS
Bank of Ghana launches regulatory and innovation sandbox pilot
The Bank of Ghana (BoG) has launched a regulatory and innovation sandbox pilot in collaboration with EMTECH Service LLC. The…
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