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Tag: Dr. Johnson Asiamah

BoG slashes monetary policy rate from 21.5% to 18%

The Bank of Ghana has reduced its Monetary Policy Rate by 350 basis points to 18 percent. This marks one of the steepest policy easing decisions in recent years. The Central Bank lowered the rate in response to consistent improvements in controlling inflation, a stabilizing...

BoG’s Monetary Policy Committee begins 127th meeting as market anticipates possible rate cut

Today, November 24, 2025, marks the start of the Bank of Ghana's (BoG) Monetary Policy Committee's (MPC) 127th meeting. Discussions are anticipated to focus on significant macroeconomic developments influencing the course of the nation's recovery. The purpose of the meeting is to assess the...

BoG to inject $1bn into market for November under FX Intermediation Programme

November will see the Bank of Ghana (BoG) inject up to $1 billion into the market under its updated Foreign Exchange Market Intermediation Program. Two times a week in November, the Central Bank may auction off roughly $300 million to licensed commercial banks on...

Trade in Cedis to sustain currency gains – BoG to businesses

In an attempt to maintain the cedi's recent stability and appreciation, businesses operating in Ghana have been advised to transact in local currency. The Bank of Ghana claims that more domestic transactions involving the cedi will boost currency confidence and lessen pressure on foreign...