Tag: Bank of Ghana
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Ghana’s 2026 Focus: Consolidating Gains and Strengthening Markets Under BoG
BoG signals a year of consolidation in 2026 Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), outlined a clear strategic direction for 2026: consolidate the macroeconomic gains achieved in 2025 and deepen resilience in Ghana’s foreign exchange and money markets. Speaking to stakeholders and the public, Asiama emphasized that the central bank’s…
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Ghana’s 2026 Economic Focus: BoG Governor Charts Consolidation and Market Strength
Overview: 2026 as a Year of Consolidation In a clear signal of financial sobriety, Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana (BoG), outlined a cautious yet optimistic outlook for 2026. He emphasized that the central bank’s primary task will be to consolidate the macroeconomic gains achieved in 2025 while strengthening Ghana’s…
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Ghana BoG 2026 Consolidation: Macro Gains, FX Deepening, and Market Strength
Ghana’s Central Bank Sets a Focused 2026 Strategy Dr. Johnson Pandit Asiama, Governor of the Bank of Ghana (BoG), outlined a measured path for 2026, centering on consolidating the macroeconomic gains achieved in 2025 and further strengthening the country’s foreign exchange (FX) and money markets. In a year characterized by disciplined market operations and deliberate…
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Cedi Depreciation: Ghana Cedi at GH¢10.75 per Dollar
Market snapshot: Cedi weakens to GH¢10.75 per US dollar The Ghana cedi opened the second week of January 2026 trading at about GH¢10.75 to the US dollar on the Bank of Ghana’s interbank market. Data released by the central bank showed the greenback buying at roughly GH¢10.74 on Thursday, January 15, 2026, signaling a broader…
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Ghana Cedi Slips Again: Interbank Rate Hits GH¢10.75 per Dollar as January 2026 Starts on a Weaker Note
February starts with a softer cedi against the dollar The Ghanaian cedi opened the second week of January 2026 weaker on the Bank of Ghana’s interbank foreign exchange market, trading at around GH¢10.75 to one US dollar. Data released by the central bank on Thursday, January 15, 2026, showed the dollar buying at GH¢10.74 at…
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Public Accounts Committee Grills BoG Governor Over Gold for Reserves Losses
Background: Gold for Reserves under scrutiny The Public Accounts Committee (PAC) in Ghana raised pointed questions this week about the country’s Gold for Reserves program as it examined the Bank of Ghana (BoG) and its handling of reserves management. The inquiry, led by PAC Chair Abena Osei-Asare on Monday, January 12, 2026, focused on the…
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Abena Osei-Asare Grills BoG on Gold Reserves Losses
Ghana’s Public Accounts Committee confronts the Bank of Ghana The ongoing saga around Gold for Reserves losses took a sharp turn during a recent appearance before Parliament’s Public Accounts Committee (PAC). Chairperson Abena Osei-Asare thrust a line of questioning at the Bank of Ghana (BoG) Governor, Dr Johnson Asiama, demanding accountability on a matter that…
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Abena Osei-Asare Grills BoG Governor Over Gold for Reserves Losses
Ghana’s Public Accounts Committee presses Bank of Ghana on Gold for Reserves losses The Public Accounts Committee (PAC) of Parliament in Ghana intensified its scrutiny of the Bank of Ghana (BoG) during the appearance of the central bank’s Governor, Dr. Johnson Asiama, before the committee on Monday, January 12, 2026. The session, led by PAC…
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GoldBod Trading Losses Could Rise, Boako Allegedly Claims
Ghana’s Financial Watch Turns to GoldBod Ghana’s financial landscape is again in the spotlight as Dr. Gideon Boako, the Tano North MP and spokesperson for the presidency, asserts that additional losses tied to GoldBod could emerge in the Bank of Ghana’s audited accounts beyond the $214 million already reported by the International Monetary Fund (IMF).…
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Boako Claims Additional GoldBod Losses Could Hit Bank of Ghana Audits Beyond IMF Figure
Overview of the Claim Ghanaian economist and Tano North Member of Parliament Dr. Gideon Boako has raised questions about the full extent of losses linked to GoldBod, a state-owned or state-linked entity in the country’s financial landscape. Speaking in an interview on January 8, 2026, Boako suggested that ongoing financial developments could reveal additional losses…