Pulse.com.gh logo
Go


Pulse Business Wrap In first interview, BoG governor talks price stability

Speaking for the first time since becoming the governor of the BoG on April 4, Issahaku told Reuters that he also wants to sanitise the microfinance sector and enhance the regulator's transparency and capacity.

  • Published:

In first interview, BoG governor talks price stability

Bank of Ghana (BoG) Governor Abdul-Nashiru Issahakuhas pledged to fight inflation and ensure price stability.

Speaking for the first time since becoming the governor of the BoG on April 4, Issahaku told Reuters that he also wants to sanitise the microfinance sector and enhance the regulator's transparency and capacity.

Inflation to hit single digit by 2017

Ghana’s inflation rate is set to reach single digit by end of 2016, as has been optimistically announced by Deputy Governor of the Bank of Ghana, Millison Narh.

Speaking at the 25 anniversary of NDK Financial Services, Millison Narh was upbeat about the central bank’s ability to stir the country back a single-digit inflation rate.

Financial experts are however doubtful that the target will be achieved given the usual gross over expenditure by governments during election years.

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.82                             4.12

Pound Sterling             5.38                              5.68

Euro                             4.35                            4.65

 

On how your stocks performed on the GSE Index today

 

ECOBANK GHANA LTD were the biggest losers of the day, losing 9p to close at 6.90p

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Breaking Otabil finally breaks silence on banking controversiesbullet
2 Capital Bank Collapse Here are the roles of a non-executive board chairbullet
3 Nana Appiah Mensah Menzgold boss apologises to BoG after Twitter rantbullet
4 Investment banks in Ghana Top 5 investment banks in Ghana and why...bullet
5 Bank Collapse Capital Bank Board misused GHC 610 million from...bullet
6 Banking Crises Sahel Sahara and Omni Bank become latest to mergebullet
7 Collapse Bank Here’s what former staffs of Capital Bank are...bullet
8 Increment Fuel prices to go up again – IESbullet
9 Collapsed Banks Here are the auditing firms for the 7...bullet
10 Banks Collapse Gov’t to take action against those...bullet

Top Videos

1 Former Capital Bank staff grills pork for survivalbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Money Alert Meet Africa's richest womanbullet
5 Support Finance minister buys Kantanka carbullet
6 Plane Crash Starbow suspends operations following plane crashbullet
7 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
8 Tech 6 reasons you should buy an iPhone SE instead of any...bullet
9 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
10 New Phones Nokia MWC 2018 Event in 5 minutesbullet

Business