Ghana’s inflation rate has continued to fall for the fifth month in a row, with the latest figure standing at 18.4 percent in May 2025. This is the lowest level …
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Ghana’s Inflation Drops to 18.4% in May, Hits Lowest Level Since 2022 Amid Economic Recovery
Ghana’s consumer inflation dropped for the fifth consecutive month in May, falling to its lowest level in over two years as economic pressures ease across the country. The Ghana Statistical …
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Central AfricaEconomyGhanaPoliciesWestern Africa
Ghana’s Cedi Becomes West Africa’s Strongest Currency in 2025
Ghana’s national currency, the cedi, has made a strong comeback in 2025, emerging as the best-performing currency in West Africa and gaining recognition globally. This improvement in the cedi’s value …
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Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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Ghana’s Inflation Drops Again, Now at 21.2% in April
Ghana’s inflation rate has dropped for the fourth straight month, falling to 21.2% in April 2025 from 22.4% recorded in March, according to data released on Wednesday by the Ghana …
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Chipper Cash gets Bank of Ghana approval for US remittances
Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
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Bank of Ghana to sell $420m to BDCs in the final quarter of 2022
The Bank of Ghana will sell a total of $420 million to Bulk Oil Distribution Companies via banks in the final quarter of this year, in its Foreign Exchange Auctions. …
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Ghana dollar auction: demand exceeds supply by $84.5M
Demand for dollars by dealers outstripped supply by $84.5 million, latest data from the Bank of Ghana has revealed. This is a reduction of the $105.25 million recorded during the …
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GUTA threatens to close shops over Cedi depreciation
Members of the Ghana Union of Traders Association (GUTA) will on Monday close all shops in the Greater Accra Region to express their displeasure about the depreciation of the Cedi …
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BoG cautions public against engaging services of 19 unlicensed loan providers
The Bank of Ghana (BoG) has warned the public not to engage the services of some 19 unlicensed entities for loans. The Central Bank said the operations of these institutions …