Bank of Ghana Mops Up GH¢18.88 Billion From Banks in Three Days
The Bank of Ghana absorbed GH¢18.88 billion from banks in three days through 14-day bill sales, with rates near 10.50 per cent and allotments falling 24 per cent.
The Bank of Ghana absorbed GH¢18.88 billion from banks in three days through 14-day bill sales, with rates near 10.50 per cent and allotments falling 24 per cent.
The Bank of Ghana has warned the public against taping, gluing or stapling torn cedi notes for re-use, saying such notes are unfit for circulation and may be rejected.
Fitch Solutions expects the Bank of Ghana to hold its policy rate at 14% through December 2026 before a 200-basis-point hike in 2027, as inflation edges up from record lows.
S&P Global Ratings says Ghana’s interest payments will average 20% of revenue over four years, down from a 48% peak in 2021, helped by debt restructuring and a stronger cedi.
Bank of Ghana Governor Johnson Asiama says higher government spending and debt-service costs after external restructuring are key risks to liquidity and the cedi in 2026.