The year-on-year inflation rate eased for the second time in succession to support moves by the government to drive down the general level of interest rates in the Ghanaian economy.
Inflation Rate Soars to 9.7% in August
The inflation rate drifted towards the upper bound of the central bank’s medium-term inflation target band of 8.0% ± 2.0% as inflation figures in the traditionally lower-inflation zones of the
Currency News for July 27th 2020
After the 2020 mid-year budget review presented to Ghana’s parliament failed to outline measures to be implemented by the government over the second half of the year to tame the
Treasury Rates for July 27th 2020
Security Interest Rates 91 – Day Bill 13.9685 % 182 – Day Bill 14.0531 % 364 – Day Bill 16.8193 % This week, short-term Government of Ghana (GoG) Treasury bill
June Inflation Rate Slows to 11.2%
The rate of inflation eased marginally to close the first half of the year at 11.2% after jumping to a two-year high in May at 11.3%. This represents a 210
Inflation Rate Begins 2020 at 7.8%
The consumer price index further trended downwards for the second consecutive time as it began the year with an inflation rate of 7.8%, down from 7.9% recorded in December, 2019.
Currency News For December 2nd 2019
The Ghanaian Cedi began the week dipping to a record low against the US Dollar on both the Bank of Ghana (BoG) inter-bank trading platform and on the Open Forex
Currency News For November 25th, 2019
The Ghanaian Cedi posted a mixed performance against its three major trading partner currencies on the Bank of Ghana (BoG) inter-bank trading platform after a decision by the Monetary Policy
Inflation Inches Up Marginally to 7.7%
The rate of inflation edged up marginally for the first time after the rebase of the consumer price index. Inflation rate for October was reported at 7.7%, up from 7.6%
Currency News For September 16th, 2019
A rush for safe-haven assets and currencies following global uncertainties fuelled by attacks on Saudi Arabian refining facilities sent the Cedi tumbling against some of its major trading partner currencies.
Treasury Rates For July 22nd, 2019
Period Interest Rates 91 – Day 14.7261% 182 – Day 15.1744% After the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) stalled the policy rate at 16.0% for