Barclays expects no major shift in monetary policy direction
Barclays Bank Ghana said on Wednesday it does not expect any major change in monetary policy direction of the Bank of Ghana (BOG) under new governor Dr. Abdul-Nashiru Issahaku in its fixed income market update.
Meanwhile, some financial players have asked the new governor to be strong and not kowtow to government didtates.
GNPC denies ‘slush fund’ allegation
Chief Executive Officer of Ghana National Petroleum Commission (GNPC) Alex Mould has refuted claims of being a “slush fund” for government.
African Centre for Energy Policy (ACEP) last month said it fears GNPC has become a slush fund for government after the auditor general made financial irregularities against it.
However, Mould told the Business and Financial Times Wednesday that the money owned the corporation were given for infrastructure projects related to gas delivery.
We go to the currency market now where
Currency Buying Selling
Dollar 3.82 4.12
Pound Sterling 5.41 5.71
Euro 4.35 4.65
On how your stocks performed on the GSE Index today
There were no gainers or losers for the day