Cedi’s 42% gain vulnerable to commodities price fluctuations
Bank of Ghana Governor Dr. Johnson Asiama has said that sustaining the gains made by the cedi will require deeper ...
Tag: International Monetary Fund
BoG’s $1.4bn cedi support in 3 months too aggressive — IMF
The Bank of Ghana (BoG) sold an unprecedented $1.4 billion in foreign exchange in the first quarter of 2025 to ...
Cedi: IMF urges BoG to reduce forex interventions
The International Monetary Fund (IMF) has issued a strong advisory to the Bank of Ghana (BoG), urging the central bank ...
Ghana secures $370 million from IMF after passing 4th ECF review
The International Monetary Fund (IMF) Executive Board has approved the Fourth Review of the programme under the Extended Credit Facility ...
World Bank OKs $360m in Ghana’s $900m support
The World Bank Board of Executive Directors has approved a $360 million facility for Ghana, reinforcing international confidence in the ...
Parliament OKs $2.8 billion debt deal, with 15 years relief
Parliament has unanimously approved a $2.8 billion debt restructuring agreement with 25 official creditor countries, including global powers such as ...
Ghana Cedi’s surge prompts IMF targets review consideration
Ghana’s remarkable cedi appreciation and improved economic performance in 2025 are prompting the International Monetary Fund (IMF) to consider revising ...
BoG grows assets by 53% to GH¢215bn in 2024
The Bank of Ghana (BoG) grows assets by a massive expansion of its balance sheet in 2024, increasing total by ...
Mahama announces Eurobond strategy and foreign loan plans to boost Ghana’s economy
President John Dramani Mahama has revealed plans by his government to return Ghana to both domestic and international capital markets ...
Cedi strengthens sharply against major currencies: Gains 24.1% on USD, 16.2% on pound, 14.1% on euro
Ghana’s national currency, the cedi, has rebounded dramatically against major international currencies in the first five months of 2025, marking ...
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