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Pulse Business Wrap Bank of Ghana maintains Policy Rate

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Bank of Ghana maintains Policy Rate

The policy committee of the Bank of Ghana has maintained the Policy Rate for March at 26%.

This will be the second consecutive time the committee has maintained the policy in reflection with stabilizing current macroeconomic indicators.

Announcing the Policy Rate on Monday, Governor of the Bank of Ghana, Dr. Henry Kofi Wampah said the risks from inflation and exchange appears to have stabilized, while risks from exchange rate still pose a challenge although minimal.

 

EOCO recovers GHC2.4b in 2015

The Attorney- General and Minister of Justice, Marietta Appiah- Oppong has revealed that the Economic and Organised Crime Office in 2015 investigated 186 economic and organised crimes.

Out of the 186 cases, the department is currently prosecuting 46 cases, and uncovered a total amount of GHC2,419,443.72.

The Attorney-General made these revelations at the inauguration of the new nine- member board of EOCO.

 

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.84                             4.14

Pound Sterling             5.57                              5.87

Euro                             4.34                            4.64

 

On how your stocks performed on the GSE Index today

TOTAL PETROLEUM GHANA LIMITED were the biggest losers of the day, losing 1p to close at 5.10p... Whereas Enterprise Group Limited were the biggest gainers of the day, gaining 1p to close at 2.45p.

 

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