Bank of Ghana

KEY POINTS The Bank of Ghana (BoG) has opted to maintain its benchmark interest rate at 28% for the third consecutive time, signaling a cautious approach to balancing inflation control…

KEY POINTS The Ghanaian cedi has shown a notable appreciation against the United States dollar, gaining more than 11 percent in value during the first half of May 2025, according…

KEY POINTS The Bank of Ghana (BoG) has reaffirmed its policy permitting cash withdrawals in foreign currencies from Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA), a move analysts…

KEY POINTS President John Dramani Mahama has appointed seasoned banker Matilda Asante-Asiedu as the Second Deputy Governor of the Bank of Ghana (BoG), effective immediately. The announcement, made on Tuesday…

President Mahama has nominated Dr. Johnson Asiama as the new Bank of Ghana Governor, following Dr. Ernest Addison’s retirement, pending Council of State approval.

PMMC condemns National Assay Centre disruption, confirms gold bars belong to the Bank of Ghana under Domestic Gold Purchase Programme.

Bank of Ghana to open $250 million headquarters in Accra, “The Bank Square,” on Nov. 20, despite criticism over its recent financial losses

The Bank of Ghana suspends Consolidated Bank’s forex trading license for one month over regulatory breaches, demanding full compliance before restoration.

Ghana’s inflation unexpectedly slowed to 40.1 percent in August, sparking optimism for a potential interest rate cut. However, the Bank of Ghana must tread carefully to avoid premature moves that could reignite inflationary pressures, especially amid global uncertainties and ongoing economic vulnerabilities. Stability should remain the top priority to ensure long-term recovery.

The Bank of Ghana responds to MP Samuel Okudzeto Ablakwa’s claims about a $20 million transfer, clarifying that the funds were meant for the Central Bank of Liberia. The bank emphasizes a longstanding arrangement with Liberia and assures that all proper protocols were followed.