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Bank of Ghana

Open Letter to Bank of Ghana Governor

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Hello Dr. Governor, I dare say that whereas the ghc400 million (US$88.5 million) minimum capital requirement you have placed on banks is not a bad...
Dr Henry Wampah

The US$3m airlifted to Brazil still rages on

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Banking consultant, Nana Otuo Acheampong, has told Accra-based Citi FM that the Bank of Ghana (BoG) shot itself in the foot by allowing $3...
Dr. Kofi Wampah, BoG Boss

How much reserve does Ghana have?

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The steady depletion of Ghana?s international reserves from US$5.6 billion in December 2013 to US$ 4.7 billion as of March 28, 2014 is heightening...
Dr Henry Wampah

Ghana Cedi Begins A Long Journey To Stabilises

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Measures instituted by the Bank of Ghana (BoG) to salvage the free fall of the cedi are gradually yielding the desired results. A week before...
Dr Henry Wampah

BoG is Not after Your Forex

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The Bank of Ghana has clarified its earlier directives regarding the rules on the operation of Foreign Exchange Accounts and Foreign Currency Accounts announced...
Dr Henry Wampah

Banks commence implementation of cedi measures

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Some customers having dollar accounts in banks have started withdrawing their monies after the Bank of Ghana (BoG) directive to contain the depreciation of...