Bank of Ghana Set Cash Reserve Ratio At 14 Percent

The Bank of Ghana has reset the cash reserve ratio on the domestic currency deposits for banks from 12 per cent to 14 per cent effective April 13, 2023. Governor of the Bank of Ghana, Dr Ernest Addison at a news conference said the move is to mop up excess liquidity from the market to … Continue reading Bank of Ghana Set Cash Reserve Ratio At 14 Percent