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Tag "Bank of Ghana"

GTBank, First Bank react to FX licence suspension in Ghana

    GTBank, First Bank react to FX licence suspension in Ghana

Guaranty Trust Bank (GTB) subsidiary in Ghana says it is working with relevant government agencies and customers in the country to resolve the trade-related issues in no time. On February

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Bank of Ghana suspends FX trading licences of GTB, FBN over ‘regulatory breaches’

    Bank of Ghana suspends FX trading licences of GTB, FBN over ‘regulatory breaches’

The Bank of Ghana says it has suspended the foreign exchange (FX) trading licences of two Nigerian-owned banks over fraudulent documentation during operations. The Ghanaian apex bank, in a statement

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Ghana’s central bank hikes interest rate to 27% as inflation bites harder

    Ghana’s central bank hikes interest rate to 27% as inflation bites harder

The Bank of Ghana (BoG) has increased its benchmark interest rate from 24.5 percent to 27 percent. Speaking with journalists in Accra on Monday, Ernest Addison, governor of BoG, said

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Like Nigeria, Ghana’s central bank halts access to forex for rice, poultry imports

    Like Nigeria, Ghana’s central bank halts access to forex for rice, poultry imports

The Bank of Ghana says it will no longer provide foreign currency (FX) support for importers of “non-critical goods”. The goods include rice, poultry, vegetable oils, toothpicks, pasta, fruit juice,

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Inflation: Ghana’s Central Bank raises interest rate to 22%

  Inflation: Ghana’s Central Bank raises interest rate to 22%

The Bank of Ghana (BOG) has increased its monetary policy rate (MPR) from 19 percent to 22 percent in a

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Ghana’s central bank to hold emergency meeting over economic turmoil

  Ghana’s central bank to hold emergency meeting over economic turmoil

The Bank of Ghana’s monetary policy committee says it will hold an emergency meeting on Wednesday. In a statement, the

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Ghanaian president names new central bank governor

  Ghanaian president names new central bank governor

President Nana Akufo-Addo of Ghana has named Ernest Addison, a senior monetary policy expert, as the governor of Central Bank

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