16 h. ago BoG meets banks on foreign exchange auctions and liquidity challenges

The Governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has announced plans to engage the Ghana Association of Banks in the coming days to address concerns surrounding forward foreign exchange auctions and market liquidity. Speaking at a brief meeting with the CEOs of commercial banks in Accra, Dr. Asiama explained that the […]

Politics

42 h. ago Policy consistency and macroeconomic stability necessary for confidence in the cedi – Absa’s Adolph Kpegah

The Executive Director, Strategy and Operations at Absa Bank Ghana Limited, Adolph Kpegah, has highlighted the importance of policy consistency and macroeconomic stability in restoring public confidence in the cedi and in discouraging the preference for hard foreign currency. Speaking at the recent 11th Absa-UPSA Quarterly Banking Roundtable, he highlighted that sustained macroeconomic stability and […]

Events

47 h. ago Digital Cedi Backed By Gold, Cocoa Proposed to Boost Stability

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/Ghana could anchor a future digital currency to its gold and cocoa reserves, creating a more stable foundation for monetary policy and reducing reliance on foreign financial systems, according to Professor Yegandi Imhotep Paul Alagidede, the Bank of Ghana Chair in Finance and Economics at the University of Ghana. Speaking at the launch of his […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/digital-cedi-backed-by-gold-cocoa-proposed-to-boost-stability/

Politics

3 w. ago Ghana’s economy seeing significant improvements – MPC says after emergency meeting

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) after its emergency meeting has announced that the economy has seen some significant improvements with a positive outlook. In statement released on Friday, July 18, 2025, after the meeting to determine whether current conditions warranted any immediate action ahead of the scheduled 125th MPC […]

Politics

3 w. ago Emergency MPC meeting will not result in new policy rate – BoG Governor

The Bank of Ghana Governor, Dr. Johnson Asiama has revealed that the Emergency Monetary Policy Committee meeting will not result in a new policy rate decision. “We will rather review some developments in the market, ahead of the actual meeting in the next 10 days,” the Governor added. According to him, “Many people thought that […]

Events

4 w. ago Forex market intervention for 2025 Q1 has not depleted our reserves – BoG

The Bank of Ghana (BoG) has maintained that its foreign exchange (forex) market intervention for the first quarter of 2025 has not depleted its reserves. The BoG, according to what JOYBUSINESS has picked up added US$1.6 billion to its reserves for the first six months of the year, surpassing the International Monetary Fund’s (IMF) reserve […]

Politics