Cedi depreciation: BoG, Police arrest over 70 ‘Black Market’ dealers
Officials of the Bank of Ghana, in collaboration with the Ghana Police Service, have arrested over 70 individuals and entities ...
Tag: Forex
Cedi depreciation against other major trading currencies is getting out of hand – GUTA
The Ghana Union of Traders Association (GUTA) has raised an alarm over plummeting cedi value and its effect on businesses. ...
BoG Denies Printing GH¢22bn
The Bank of Ghana (BoG) has dismissed claims by the Ranking Member of the Finance Committee of Parliament, Cassiel Ato ...
Bank of Ghana reserves decline from $9bn to $3bn – Finance Committee Report
A recent report by the Finance Committee of Parliament has revealed the precarious state of the country’s finances. According to ...
New E-levy Charges Out
The Ghana Revenue Authority (GRA) has announced new E-Levy charges after the full implementation of the tax on a common ...
Transport hikes push inflation to 27.6% in May
Attempts to cool off inflationary pressures remain unsuccessful, as consumer inflation increased almost four-fold to 27.6 percent year on year ...
Tuesday, 31 May Cedi has fallen by 15.8% – BoG Governor
Bank of Ghana Governor Ernest Addison has said developments in global capital markets, combined with internal challenges that resulted in ...
BoG Increases Policy Rate By 200 Points To 19 %
The Bank of Ghana (BoG) has raised the policy rate by 200 basis points to 19 percent at the Monetary ...
The seven factors driving high cost of living in Ghana
The average Ghanaian does not need an economics degree to know the economy is going through a very rough patch. ...
Government, BoG under pressure to address rising inflation
Government and the Bank of Ghana (BoG) are under pressure to respond quickly with additional measures to slowdown the rising ...