Monetary policy
APR of Interest Hits 28%- BoG
The Bank of Ghana has released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit...
Policy Rate Seen Falling Below 20% Next Yr
The central bank’s policy rate could fall below 20 percent in the coming year, the first time since 2014, a forecast...
US Raises Key Interest Rate By 0.25%
The US Federal Reserve has raised its benchmark interest rate by 0.25%, only the second increase in a decade. The...
Bank of England Holds Interest Rates
The Bank of England has voted unanimously to keep the UK's main interest rate at a record low of 0.25%. It said that...
Mr. Trump, Heed The Lesson Jimmy Carter Never Learned
In my previous column I observed here how the 2016 race reflects American conditions in the late 1970s — also...
Matured Bills & Bonds Reach GH¢145bn In 2016
Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD...
Capping Interest Rates Could Be ‘disastrous’
The government should not attempt to introduce legislation to cap interest rates because the consequences could be...
BoG Sells GH¢93.3bn Worth of Bills To Mop Up Excess Liquidity
The Bank of Ghana (BoG) has doubled up on its open market operations (OMO) over the last 10 months, in an attempt to...
Interest On Deposits Continues To Taper Off
The average interest paid on deposits in the banking sector has seen a continues decline in three consecutive months,...
Election, Seasonal Demand Mount Pressure On Cedi
The cedi could be in for its toughest test this time in the year, as seasonal demand for the US dollar by importers,...
Criticisms of Dollar Denominated Bond Misplaced – BoG
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar...
Criticisms of Dollar Denominated Bond Misplaced-BoG
The Bank of Ghana(BoG) has refuted claims that the issuance of dollar denominated bond in the country will drain dollar...
You and Low Interest Rates
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy...
BoG Admits Ghana’s Economic Growth Is Weak
Governor of the Bank of Ghana (BoG), Dr Abdul-Nashiru Issahaku has acknowledged the slow growth of the Ghanaian...
Interests On Loans To Drop If …
Some financial analysts are anticipating that the Bank of Ghana (BoG) will sustain the decision to reduce further, its...
Interbank Borrowing On the Rise
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit...
‘Reduced’ Policy Rate Not Good For Businesses
Economist, Dr. Lord Mensah has ruled out an immediate reaction from commercial banks following the reduction of the...
‘Reduced’ Policy Rate Not Good For Businesses
Economist, Dr. Lord Mensah has ruled out an immediate reaction from commercial banks following the reduction of the...
Bank of Ghana Reduces Policy Rate To 25.5%
The Monetary Policy Committee of the Bank of Ghana (BoG) on Monday reduced the policy rate to 25.5 percent from 26...