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Tag: Bank of Ghana

World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%

November 10, 2022 wp-bot Bitcoin News

Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on

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Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

November 5, 2022 wp-bot Bitcoin News

The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal

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Bank of Ghana to foster financial inclusion through CBDC project

September 28, 2022 wp-bot Cointelegraph

Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of

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Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations

September 4, 2022 wp-bot Bitcoin News

The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile

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Ghana Central Bank Announces Launch of Regulatory Sandbox

August 24, 2022 wp-bot Bitcoin News, Blockchain

Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion

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Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’

August 23, 2022 wp-bot Bitcoin News

After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points.

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