Bank of Ghana to Release $1 Billion in August as Cedi Faces Renewed Dollar Pressure
BoG plans fresh forex support amid weakening cedi and surging energy sector demand for dollars.
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General News
BoG plans fresh forex support amid weakening cedi and surging energy sector demand for dollars.
General News
BoG Governor demands banks slash non-performing loans to 10% by end-2026, citing need to unlock lending and boost economic growth.
General News
Ghana's cedi weakened 2.91% against the dollar in July but remains supported by Bank of Ghana's consistent forex interventions and recent IMF funds.
General News
The Ghanaian cedi traded at 11.68 per dollar on Monday, reflecting ongoing currency volatility in the forex market.
General News
Mobile money transactions soar to nearly GH¢493bn in June 2026, dwarfing cheque payments and cementing digital payments as Ghana's financial backbone.
General News
Access Bank joins regulatory leaders in Malaysia to strengthen expertise in ethical banking and Islamic finance products for Ghana's market.
General News
Sonzele Community Bank launches aggressive fundraising to meet Bank of Ghana's new GH₵5m minimum capital requirement by December 2026.
General News
Bank of Ghana reports dramatic drop in lending rates to 15.6%, sparking sharp surge in private sector credit growth.
Politics
Bank of Ghana Governor reports cedi recovery post-May volatility amid significant decline in lending rates across the sector.
General News
Ghana's cedi has weakened significantly against major currencies in 2026, with sustained pressure on foreign exchange supply despite stable gold reserves.
General News
Gold drives Ghana's exports to $18.29bn in H1 2026, widening trade surplus and boosting reserves significantly.
General News
Bank of Ghana warns traders and businesses that refusing cedi coins breaches currency law, carrying fines and up to three years imprisonment.
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