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BoG Reduces Policy Rate By 150 Basis Points

The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction from...

Headlines

US Fed Members Divided On Inflation Risk

US central bankers are divided over the risk of inflation and disagree over the timing of interest rate hikes into next...

News

Lower Production Cost To Result In Single Digit Inflation

The Bank of Ghana (BoG)’s medium term inflation target could be attained should government tackle challenges facing...

Business

African Central Banks Urged To Work Towards Monetary Policy Credibility

The second deputy governor of the Bank of Ghana (BoG), Dr. Johnson P. Asiama, has charged African central banks to...

Business

BoG To Stop Market Volatility

The Bank of Ghana has assured the public that it will work harder to stem the volatility in the foreign exchange market...

Business

Currency Analysts Demand Stable Forex Market

Currency analysts are supporting the Bank of Ghana to intensify its efforts to stabilize the forex market and help...

Business

BoG Justifies Printing of New GHC5 Bank Note

The Bank of Ghana (BOG) is on a nationwide outreach program to educate Ghanaians about the security features on the new...

Top Stories

Former BoG Deputy Governor Reposes Confidence In Dr. Addison

A former deputy governor of the Bank of Ghana, Emmanuel Asiedu Mantey has expressed optimism in the newly appointed...

Business

Gov’t Commends Dr. Nasir Issahaku

The Ministry of Finance (MoFEP) has commended Dr. Abdul-Nashiru Issahaku for his stewardship of the Central Bank from...

Top Stories

BoG Governor Dr. Issahaku Resigns

Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to...

Top Stories

Dep. Finance Minister Designate Warns Against Cap On Banks

A Deputy Finance Minister designate, Charles Adu Boahen has warned against capping the number of banks in the country....

Top Stories

BoG Reduces Policy Rate To 23.5%

Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial...

Top Stories

Reduction In Policy Rate Great Impact On the Economy

Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable...

Top Stories

BoG Reduces Policy Rate To 23.5%

The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200...

Top Stories

BoG Reduces Policy Rate To 23.5%

The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200...

International

US Raises Interest Rates 0.25 Percent Amid Growing Confidence

The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by...

Business

Government Will Pay State Debts By Improving Liquidity For Banks

The Finance Minister says government would focus on improving liquidity for banks through the payment of State-Owned...

Top Stories

Mona Quartey Dismisses Reports BoG Will Bear Cost of Sibton Deal

Former deputy Finance Minister, Mona Quartey has dismissed reports that the central bank is paying Sibton Switch...

Top Stories

BoG Intensifies Moves To Get Funding For Agric Sector

The Bank of Ghana(BoG) has intensified moves to encourage commercial banks in the country to cede some portion of their...