Tag: BoG
Gold reserves hit record 37.06 tonnes under Domestic Gold Purchase Programme
The central bank has hit a new milestone in its gold accumulation drive, with reserves surging to 37.06 tonnes as of September 2025, representing a 21 [...]
BoG’s $1.15bn forex injection sparks policy tensions with IMF, World Bank over cedi stabilization strategy
In a bold but controversial move to arrest the rapid depreciation of the cedi, the Bank of Ghana (BoG) has announced plans to inject US$1.15 billion i [...]
BoG cuts policy rate to 21.5% as inflation declines
The Bank of Ghana’s Monetary Policy Committee (MPC) has reduced the Monetary Policy Rate (MPR) by 350 basis points to 21.5 percent, the sharpest cut i [...]
BoG to convene 126th MPC meeting amid economic uncertainty
The Bank of Ghana has announced that its Monetary Policy Committee (MPC) will hold its 126th regular meetings from Monday, September 15, 2025, to Wedn [...]
BoG scales back dollar intervention
The Bank of Ghana has reduced the size and frequency of its foreign exchange intervention in the forex market.
This decision comes after the Centra [...]
Group praises BoG for cedi stability, demands more policy support
The leadership of the Importers and Exporters Association of Ghana (IEAG) has lauded the Bank of Ghana (BoG) for its role in stabilising the cedi and [...]
OSP investigates BoG officials, Bank Directors over financial sector collapse
The Office of the Special Prosecutor (OSP) has turned its attention to one of Ghana’s most controversial economic crises in recent history — the colla [...]
BoG reports sharp decline in dud cheque cases
The issuance of dud cheques in Ghana dropped significantly in 2024, according to the Bank of Ghana’s (BoG) latest Credit Reporting report, marking a m [...]
BoG cuts policy rate to 25% as inflation drops
In a major policy shift reflecting improving macroeconomic conditions, the Bank of Ghana (BoG) has slashed its benchmark Monetary Policy Rate by 300 b [...]
BoG rallies financial sector to integrate ESG in construction financing
The Bank of Ghana has renewed its call for stronger alignment between banking operations and sustainability imperatives, spotlighting the construction [...]