In first interview, BoG governor talks price stability

Bank of Ghana (BoG) Governor

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