India's central bank held interest rates on Thursday, in line with analysts' expectations, citing inflationary pressures from an imminent tax reform and the possibility of a poor monsoon. The Reserve...
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially denominated in convertible currency is so overwhelming. The unbridled...
The Ministry of Finance (MoFEP) has commended Dr. Abdul-Nashiru Issahaku for his stewardship of the Central Bank from April 2016 when he assumed office. A statement issued yesterday and signed by Ken...
Inflation in Europe's largest economy Germany has fallen back sharply over the past four weeks, after overshooting the European Central Bank's target in February. This makes a change in monetary...
The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei has told Citi Business News the Bank of Ghana Governor’s decision to resign could be largely attributed to the difference in...
The Central Bank Governor, Dr Abdul Nashiru Issahaku has resigned. Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to his...
Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to his resignation but the Governor is reported to have cited personal reasons for...
Two analysts have applauded the Bank of Ghana for recording the biggest drop in the policy rate in nearly 10 years, a move intended to encourage banks to reduce interest rates. Professor Godfred...
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has indicated that the recent policy rate cut may not necessarily translate into a reduction in interest rates...
Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial banks, the biggest cut in rate in almost 10 years. This represents a 200 basis...
Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable and will relieve business owners. The Monetary Policy Committee of the Bank of...
The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point reduction from the previous rate of 25.5 per cent. The new figure was announced Monday...
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200 basis point reduction from the previous figure; 25.5 percent. Governor of the...
The Monetary Policy Committee (MPC) of the Bank of Ghana has reduced the Monetary Policy Rate by 200 basis points to 23.5 percent. At the 75th regular MPC meeting, Governor of the central Bank Dr....
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200 basis point reduction from the previous figure; 25.5 percent. Governor of the...
Industry players are upbeat about a possible reduction in the policy rate to be announced by the Bank of Ghana later today. Their hopes are largely built on the declining inflation as well as drop in...
The Monetary Policy Committee of the Central Bank of Ghana (BoG) is widely expected to loosen its tight monetary stance, after inflation trended downwards for the fifth consecutive time and the local...
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
Despite high expectation on the part of the private sector for the Bank of Ghana(BoG) to reduce the policy rate due to government’s policy direction, some financial observers maintain that...
The U. S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to...
