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Tag Archives: BoG

Ghana’s debt stock hits ¢208.6b – BoG

Ghana’s debt stock as at the end of September 2019 stood at ¢208.6b. This was contained in the November Bank of Ghana’s summary of financial and economic data released after the Monetary Policy Committee met this week to review the “health” of the economy. Breakdown The GH¢208.6 billion total debt …

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US$ 25m to be injected onto FX market

The Bank of Ghana over the coming weeks will issue onto the forex market a total of US$ 25 million, following a successful FX forward auction held on November 12, 2019. A notice from the BoG indicates that bids amounting to US$ 71.5 million were received from businesses through their …

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BoG orders closure of ‘illegal’ forex bureau

The Bank of Ghana (BoG) on Tuesday ordered the closure of Aero Cash forex bureau operated by two Nigerians in Dzorwulu, Accra. This is due to failure by the operators to provide relevant documents to the Bank of Ghana to ascertain the legality of their operations. A team from the …

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We’ve completed banking sector clean-up – BoG

The Bank of Ghana (BoG) has completed the clean-up of the banking sector. “The Bank of Ghana has with effect from today, completed the clean-up of the banking, specialized deposit-taking (SDI), and non-bank financial institutions (NBFI) sectors which began in August 2017,” the central bank said in a statement on …

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