Bank of Ghana May Cut Rates Again if Fuel Costs Stabilise, Analysts Say
The Bank of Ghana could resume cutting interest rates later in 2026 if rising fuel and energy costs ease, though inflation expectations remain the key trigger.
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The Bank of Ghana could resume cutting interest rates later in 2026 if rising fuel and energy costs ease, though inflation expectations remain the key trigger.
General News
GoldBod exceeded its monthly foreign exchange target by $470m in September, bolstering Ghana's reserves and market stability.
S&P Global warns that Ghana's reserve and gold accumulation programme could cost 0.8%-2.6% of GDP annually, threatening recent financial gains.
S&P Global forecasts Ghana's interest payments will average 20% of government revenue over four years, marking a sharp recovery from the 2021 crisis peak of 48%.
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Central bank appoints Matilda Asante-Asiedu to GoldBod board, resolving conflict-of-interest concerns raised by former Finance Minister.
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Bank of Ghana names senior official to Gold Board following Governor's recent resignation from the body.
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IERPP demands transparency on how Ghana's foreign reserves were used during currency pressures and debt obligations.
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Standard & Poor's affirms Ghana's credit rating, citing gold sector strength and fiscal reforms, yet flags central bank weakness and debt vulnerabilities.
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Government achieves 7.5% oversubscription in latest treasury bill auction, though yields remain elevated across the curve.
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Bank of Ghana reports positive consumer and business sentiment in August 2026, with economic activity index surging 14.9% annually.
General News
Bank of Ghana explains tropical climate makes cotton banknotes more practical than polymer alternatives for the nation's currency.
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Bank of Ghana Governor warns that maintaining economic discipline is critical as the country transitions from its IMF programme to a new monitoring arrangement.
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