Ghana
Ghana plans to ‘securitise’ debt to central bank
Country struggling to restructure debts and secure IMF loan
Bank of Ghana adds 100bp as crises grind on
IMF reportedly wants end to central bank financing
Currency round-up: Yellen’s signature added to US money
Singapore ends practice of printing new year notes; new coins in Canada and Ghana; and more
IMF and Ghana reach initial agreement on $3 billion loan
Stricken country preparing domestic debt restructuring
Ghana hikes rates again as inflation passes 40%
Governor says country faces “huge financing gap” as government uses central bank credit
African governors face multiple financial ‘floods’
Kenyan governor says a “doubling, tripling” of access to IMF resources is needed
Four more African central banks raise rates
Ghana raises policy rate to highest level since 2017, plus hikes in Uganda, Sierra Leone and Tunisia
Ghana emergency MPC meeting ends with 300bp increase
Country in renewed IMF talks as inflation spirals and currency falters
Ghana seeks IMF aid as reserves dwindle
Government secures Afreximbank loan and MPC holds rate despite inflation nearing 30%
Bank of Ghana denies rationing FX
Bloomberg made claim in June article citing swelling fuel import bills
Rates round-up: Israel surprises with larger hike
Central banks in Pakistan, Nigeria, Ghana, Paraguay and Jamaica also tighten policy
People: Swiss vice-chair to take office in August
Board member appointed in Guatemala; new external MPC member in Ghana; and more
People: Chicago Fed’s Evans to retire
Bulgarian parliament rejects governor pick; political heat on Cook still high as vote nears; and more
Bank of Ghana orders 250bp hike
Central bank moves meeting a week earlier to combat high inflation and a weak currency
2021: The year in review
The year has seen central banks switch from recovery mode to battling inflation. Central Banking looks back at the stories that made the biggest impact in 2021
People: Riksbank deputy’s term extended until 2027
Bank of Ghana gets new non-executive board members; RBI appoints new executive director; and more
Bank of Ghana wins legal case against ‘corrupt’ firm
Central bank says it uncovered bribery and a corrupt tender process during investigation
Bank of Ghana to pilot CBDC using G+D technology
Central bank says prototype would operate without bank account, contract or smartphone
People: ECCB appoints first woman deputy governor
New deputy governor in Korea; deputy governor reappointed in Ghana; and more
Recipe for a chief (fin)tech officer
Private-sector experience, a knowledge of supervision and a zest for innovation are key ingredients for a chief fintech officer
Bank of Ghana launches local gold-buying programme
Central bank aims to double gold reserves over the next five years and support local mining industry
Monetary policy must be climate-friendly, Bank of Ghana official says
It is ‘paramount’ for central banks to incorporate climate risks into monetary policy, official says
The winners of the 2021 FinTech RegTech Global Awards
Fourth annual tech awards recognise excellence among central banks and the firms they work with
Ghana’s central bank cuts interest rates to 13.5%
Inflationary pressures have all but disappeared, central bank says, but uncertainty around new variants could undermine recovery