Monetary Policy
Press Releases
MPC Press Release - March 2017
Monday, 27 March 2017 00:00

The foreign exchange market witnessed increased pressures in the year to early March, partly attributed to a strengthening US dollar, seasonal demand factors and speculative activities. However, the observed pressures have significantly eased in recent weeks on the back of renewed confidence in the economy and improved foreign exchange inflows. As at 24th March, 2017, the Ghana cedi had cumulatively depreciated by 3.5 percent against the US dollar, significantly recovering from 8.8 percent depreciation recorded by 8th March. 

 

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Summary of Economic and Financial Data
Friday, 24 March 2017 00:00

 Summary of Economic and Financial Data -  March 2017

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MPC Meeting - March, 2017
Monday, 13 March 2017 10:50

The Monetary Policy Committee (MPC) of the Bank of Ghana will hold its 75th Regular Meeting on Friday March 24, 2017 at 9:00am to review developments in the economy.

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Transcript of MPC Press Conference Held on January 23, 2017
Tuesday, 07 February 2017 11:10

Below is a transcript of the Monetary Policy Committee (MPC) Press conference which was held on Monday, January 23, 2017 in the MPC Conference Room, Bank of Ghana. Following the delivery of a press statement by the Governor and Chairman of the MPC, the Press sought clarifications on a number of key issues as below:

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MPC Press Release - Jan. 2017
Monday, 23 January 2017 00:00

Economic activity remained modest throughout the year, against the backdrop of policy tightness, oil and gas production challenges at the Jubilee field, and lingering consequences of the power supply constraints. The updated CIEA to November 2016 points to some moderation in the pace of economic activity reflecting declines in industrial consumption of electricity, cement sales, tourist arrivals and domestic VAT collection.

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Press Releases