Market Update Report [May 2023]

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Currency News [May 29, 2023]

There was renewed pressure on the local currency after the Cedi opened the week erasing portions of recent gains against its three major trading partner currencies. The positive sentiments that

Treasury Rates [May 29, 2023]

Security Interest Rates 91 – Day Bill 20.7996% 182 – Day Bill 23.6230% 364 – Day Bill 28.0171% Treasury bills rates extended their upward trajectory for the tenth consecutive time

Currency News [May 22, 2023]

Investors renewed their confidence in the Ghanaian economy after the International Monetary Fund (IMF) last week approved a 3-year USD 3.0 billion Extended Credit Facility to help the country navigate

Treasury Rates [May 22, 2023]

Security Interest Rates 91 – Day Bill 20.5623% 182 – Day Bill 23.3553% After Ghana officially secured a 3-year International Monetary Fund (IMF) bailout package with an immediate disbursement of

Currency News [May 15, 2023]

News that Ghana had officially secured financing assurances from the Paris Club, a crucial step towards the sovereign attaining an IMF Executive Board approval, boosted confidence in the Ghanaian economy,

Treasury Rates [May 15, 2023]

Security Interest Rates 91 – Day Bill 20.4309% 182 – Day Bill 22.9615% 364 – Day Bill 27.5910% Short-term Treasury yields continued its steady rise for the eighth consecutive time

Disinflationary Path Extends Into Second Quarter

In line with expectations of slowing down inflation numbers, the Consumer Price Index recorded its fourth consecutive decline as price stability gains a footing after a turbulent period last year.