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In 1993, the GSE was the sixth best index performing emerging stock market, with a capital appreciation of 116%. In 1994 it was the best index performing stock market among all emerging markets, gaining 124.3% in its index level. 1995's index growth was 6.3%, partly because of high inflation and interest rates. [4] [5] [6]
Ghana's central bank kept its main interest rate unchanged at 19%, Governor Ernest Addison said on Monday, citing a deceleration of the rate of inflation and concerns over economic growth. The ...
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
CAL is symbol representing CAL Bank Limited on the Ghana Stock Exchange. It was listed on the Stock Exchange on 5 November 2004. Its traded securities are ordinary shares of no par value. CAL has a total of one billion (1,000,000,000) authorised shares and 548,261,549 issued shares. As of 19 August 2014, its stated capital was GH¢100,000,000. [8]
The European Central Bank raised rates 10 consecutive times during the same period. [ 5 ] In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession ; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [ 6 ]
The national average rate for savings accounts will be 0.3 percent by the end of 2024, McBride forecasts, while predicting an average of 0.35 percent for money market accounts.
The Bank of Ghana (abbreviated as BoG) is the Central Bank of Ghana. It is located in Accra and was formed in 1957. [2] The Bank of Ghana has Seven Regional Offices in addition to its head office in Accra. The regional offices are located in the following cities, Hohoe, Kumasi, Sunyani, Tamale, Takoradi, Bolgatanga, Wa. The regional offices are ...
HELOCs blew past 10 percent, while car loans topped the highest in over 10 years. Rapid-fire interest rate increases for consumers are just another feature of a U.S. central bank raising interest ...