The primary monetary policy tool of the Bank of Ghana (BoG) is the Monetary Policy Rate (MPR), while the operating target is ...
Business and Financial Times on MSN1d
Challenging Times for Bank of Ghana’s Monetary Policy
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will hold its 123rd 3-Day Meeting starting from Monday, 24th ...
Professor Peter Quartey, Director, of the Institute of Statistical, Social, and Economic Research (ISSER), has raised serious ...
Ghana’s macroeconomic landscape has long been shaped by inflationary pressures, exchange rate instability, and fiscal imbalances, all of which have been exacerbated by inefficiencies in the ...
The government has outlined a series of measures aimed at tackling inflation and stabilising the exchange rate as part of its broader economic recovery strategy. These measures were presented by the ...
Year-to-date, the government has successfully raised approximately GH¢65 billion through weekly T-bill auctions. Interest ...
The Bank of Ghana maintained its benchmark monetary policy rate steady at 27% on January 27th, 2025, keeping borrowing costs at their highest since March 2018 for a second meeting. Bank of Ghana ...
“The days of currency speculation and exchange rate instability must come to an end, and we are poised to ensure this happens. In this regard, the Bank of Ghana under my leadership will engineer a ...
He urged commercial banks to collaborate in streamlining the sector to prevent foreign exchange losses ... and interest rates. The Governor also reaffirmed the Bank of Ghana’s commitment ...
partly due to a more stable exchange rate. Still, the inflation rate remains well above the Bank of Ghana’s 8% target range, with a 6%-10% tolerance band. Food inflation decelerated for the ...