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Our mission is to pursue sound monetary and financial policies aimed at price stability and create an enabling environment for sustainable economic growth.
 
     
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03/07/2009
RESULTS OF TENDER 1126
RESULTS OF TENDER 1126 HELD ON 3RD JULY, 2009 FOR GOVERNMENT OF GHANA SECURITIES
 
22/06/2009
IDPS Compilation of Banking and Financial Laws of Ghana: 2006 - 2008
This third compilation of Banking and Financial Laws of Ghana brings together all laws pertaining to the banking and financial industry passed between 2006 and 2008.
 
17/06/2009
Monitoring Private Cross Border Capital Flows in Ghana
Over the last decade, emerging and developing countries have attracted substantial private capital flows to augment low levels of domestic savings and government revenues.
 
12/06/2009
Bank of Ghana: Notice No. BG.GOV/SEC/2009/19 – ANNUAL PERCENTAGE RATES (APR) AND AVERAGE INTEREST (AI) PAID ON DEPOSITS AS AT 31ST MARCH 2009
The Bank of Ghana publishes the following financial institutions' Annual Percentage Rates (APR) and Average Interest (AI) paid on deposits for the information of financial institutions and the public. The publication of the rates is to promote transparency in the pricing and provision of banking services.
 
06/06/2009
Inflation Outlook - May 2009
The first quarter of the year was characterized by increased inflationary pressures. The current projections show inflation is likely to peak early in the second quarter and begin to decelerate towards the target range of 12.5 – 16.5 percent by the close of the year.
 
05/06/2009
Financial Stability Report - May 2009
The latest credit conditions survey by the Bank of Ghana showed a general net tightening of credit conditions for all categories of borrowers in the first quarter of 2009 mostly through the widening of margins and security/collateral requirements. And there was a general softening in demand for credit by both enterprises and households.
 
05/06/2009
Fiscal Developments - May 2009
Banking sector data on government’s fiscal operations for the first quarter of 2009 indicates strong domestic revenue growth albeit at a slower rate relative to the first quarter in the previous year.
 
05/06/2009
Monetary and Financial Developments - May 2009
Provisional data available on the key monetary aggregates in Q1 2009 generally show a slowdown in the pace of expansion of the key monetary aggregates and some ease in the growth of deposit money banks credit. Services, commerce and finance and the manufacturing sectors continue to absorb most of the credit extended.
 
05/06/2009
WEO & External Sector Developments - May 2009
For the first time since WWII, global GDP is forecast to shrink by almost 1.3 percent in 2009 and inflation will probably be negative for industrial countries as a group. Forecasts continue to envisage a stabilization and modest increase in activity in the industrial countries and a more noticeable pick-up in emerging market countries in 2010, coupled with a small increase in global inflation.
 
13/05/2009
A Keynote Address by Dr Paul Acquah, Governor, Bank of Ghana At the Launch of the Ghana Banking Awards held at the Accra International Conference Centre on May 9, 2009
Financial institutions have weakened under the weight of the write-offs of toxic assets and corporate and consumer credit losses. Banking failures have been a feature of the contagion effects in many advanced countries and emerging market economies.
 
12/05/2009
Monetary Policy Committee Press Release - May 2009
The Ghanaian economy has not been immune to the contagion effects of the global crisis, even though the impact has been relatively limited in the first round, as the economy appears to be still experiencing high growth and the lingering effects of the large fiscal expansion in 2008 and high and volatile energy and food price developments in that year.
 
25/03/2009
ISO 27001 CERTIFICATION FOR BANK OF GHANA
The Bank of Ghana (BoG) has secured the ISO/IEC 27001:2005 certification, which is the world’s highest accreditation for information protection and security. The independent assessment was carried out by UK-based Lloyds Register Quality Assurance (LRQA), one of the few companies in the world to perform ISO 27001 audits.
 
02/02/2009
Banking (Amendment) Act 2007
Banking (Amendment) Act 2007, Act 738
 
 
 
Treasury Securities Rates
Monday 06th July To Friday 10th July 2009
Period Discount Rates Interest Rates
91 - Day24.28%25.85%
182 - Day25.19%28.82%
1 - Yr Note-%21.00%
2 - Yr Floating Rate Note-%-%
2 - Yr Fixed Rate Note-%21.00%
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Bank of Ghana Bill Rates
Monday 20th October To Friday 24th October
Period Discount Rates Interest Rates
7 - Day18.50%18.57%
14 - Day-%-%
28 - Day-%-%
56 - Day-%-%
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Banks Indicative Rates
Friday 03rd July 2009
Currency Buying Selling
USDGHS1.43741.4777
JPYGHS0.01500.0154
GBPGHS2.35152.4183
EURGHS2.01292.0685
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Banks Transaction Rates
Friday 03rd July 2009
Currency Buying Selling
USDGHS1.45231.4863
JPYGHS--
GBPGHS2.35852.4394
EURGHS2.05502.0845
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Interbank Daily Interest Rates
Friday 03rd July 2009
Interbank Daily Interest Rates
22.53%
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