The ongoing hikes in the prices of consumer goods seem to have no end in sight as the latest consumer prices information announced by the Ghana Statistical Service (GSS) revealed
Treasury Rates for February 7, 2022
Security Interest Rates 91 – Day Bill 12.6645% 182 – Day Bill 13.2349% After the central bank kept the policy rate unchanged at 14.5% at its first sitting in 2022
Currency News for January 31, 2022
A quicker pace of rate hikes in Ghana’s trading partner countries from their ultra-low levels continue to hurt the Cedi as the local unit opened the week extending its losses
Market Update Report [2021 Year-End Edition]
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Inflation Hits Ever Highest Level since Rebasing
Efforts embarked upon by both the monetary and fiscal authorities to cool-off the persistent rise in consumer prices yielded little result as the inflation rate soared for the sixth consecutive
Currency News for November 22, 2021
A move by Ghana’s central bank to further tighten its intervention in the currency market helped the Cedi to gain some respite on the Open Forex Market (oanda.com) as it
Inflation Rate Climbs to 15 Month High
Ghana is currently experiencing its share of the recent spike in global inflation figures after consumer prices rose for the fifth consecutive time to its highest since July, 2020. A
Currency News for August 9th 2021
After the central bank left the policy rate unchanged at 13.5% in its quest to contain adverse effects of fiscal slippages on the economy, the Cedi at the start of
Inflation Rate Closes the First Quarter at 10.3%
The inflation rate remained unchanged from previous month’s levels as upward price pressures continue to keep the inflation rate above the central’s bank’s medium-term inflation target band. According to the
Currency News for March 22nd 2021
The Ghana Cedi was mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com). The Cedi
Inflation Rate Climbs to 10.3% in February
The inflation rate rose above the upper bound of the Bank of Ghana’s medium-term inflation target band of 8.0% ± 2.0% as price pressures begin to pick up following a