Tag Archives: BoG

BoG launches Gold Coin to discourage hoarding of dollars

The Bank of Ghana (BoG) has unveiled the Ghana Gold Coin, a new investment initiative aimed at reducing dollar hoarding. As part of the domestic gold programme, this initiative seeks to absorb excess liquidity in the market and strengthen the local currency against major trading currencies. The coin will be …

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Minority to meet police on Tuesday’s #OccupyBOGProtest

The Minority in Parliament is scheduled to meet the Accra Regional Command of the Ghana Police Service concerning the new notice served for a procession to the Bank of Ghana on Tuesday, September 12. The meeting is expected to agree on the route for the procession. This comes after the …

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GUTA lauds BoG’s efforts at stabilizing value of the Cedi

The Ghana Union of Traders Association (GUTA) has commended the Bank of Ghana (BoG) and the government for the efforts at stabilizing the value of the Cedi. GUTA urged the bank and the government to continue with more efforts to sustain the programme and bring reliefs to businesses. “As the …

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