Tag: Bank of Ghana (BoG)

Rejecting cedi coins could land you in jail – Bank of Ghana warns

The Bank of Ghana (BoG) has warned traders, transport operators, businesses and the general public against refusing to accept...

Bank of Ghana Dismisses Reports of Planned Sale of New Headquarters

The Bank of Ghana (BoG) has firmly denied reports suggesting that it is considering the sale of its newly...

Bank of Ghana’s Gold reserves surge by 38.7% year-on-year

The Bank of Ghana (BoG) has reported a year-on-year increase in its gold reserves, with holdings growing by 38.7...

BoG Bans Dollar Pricing for School Fees, Rents, Airline Tickets, Warns Against Black Market Forex

The Bank of Ghana (BoG) has issued a strong warning to individuals and institutions engaged in unauthorised foreign exchange...

BoG Bans Foreign Currency Cash Payouts to Large Corporates Without Prior Deposits

The Bank of Ghana (BoG) has issued a new directive prohibiting commercial banks from making foreign currency (FCY) cash...

Bank of Ghana Issues New Guidelines on Exchange Rate Application in Shipping Industry

The Bank of Ghana (BoG) has announced new guidelines to streamline the application of exchange rates by all players...

Bank of Ghana Maintains Current Foreign Exchange Withdrawal Rules

The Bank of Ghana (BoG) has reiterated its existing guidelines on foreign exchange transactions, assuring the public that there...

All you need to know about Ghana’s newly launched gold coins

The Bank of Ghana (BoG) has officially launched the Ghana gold coins in a bid to mop up extra liquidity in...

BoG expresses worry over increasing number of bank personnel involved in fraud

The Bank of Ghana (BoG) has advised commercial banks in the country to strengthen their internal controls and enhance...

BoG secures GHȼ3.8m in refunds for complainants in 2023

The Bank of Ghana (BoG) has facilitated the refund of GHȼ3.8 million to deserving complainants in 2023. This complies with...

Mobile money increases to GHS1.91 trillion in 2023

The Bank of Ghana (BoG) has reported that the total value of Mobile Money (MoMo) transactions in the country...