Tag: Ghana

Bank of Ghana keeps benchmark interest rate at 26 pct

  January 25, 2016/Reuters Ghana’s central bank kept its benchmark policy rate at 26 percent on Monday citing moderation in the pace of consumer inflation, its governor Henry Kofi Wampah said. The West African nation is under a three-year aid program with the International Monetary Fund (IMF) to support an […]

BDC operators import dollars from Ghana, Benin Rep, others

January 23, 2016/Punch There are indications that Bureau De Change operators in Nigeria have been importing dollars from neighbouring Ghana, Benin Republic and others to make up for the scarcity of the currency in the country. According to Saturday PUNCH investigation, some operators were forced to engage in the practice […]

Ghana Growth Projected to Drop 5½ Percent-IMF

  To Check Short-Term Vulnerabilities By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The international monetary fund (IMF) Wednesday said Ghana’s economy slowed down and growth rate is estimated to drop to 5½ percent—well below the levels of recent years. The IMF said the slow in growth of Ghana’s economy is as a […]