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August 17, 2019
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This week, global equity and bond markets went into a tailspin, following an inversion of the U.S yield curve which spooked recession concerns. However, strong U.S retail sales data which serves as a proxy for consumer spending tapered the fears of an imminent recession, steering a breather across markets today.
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August 17, 2019
With system liquidity currently constrained, the Interbank call rate advanced 629bps to settle at 18.00%.
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August 17, 2019
The Bank of Ghana has, with effect from today, revoked the licences of twenty-three (23) insolvent savings and loans companies and finance house companies (see Annex 1).
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FMDQ Fixings Data
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 17.6875 Proshare6.94
1M 14.7472 Proshare0.67
3M 13.8061 Proshare1.27
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
1M 13.764 Proshare0.53
3M 12.0757 Proshare0.95
6M 14.268 Proshare0.27
AFEX Data
Commodity Price (₦) Points
Paddy Rice 127,000.00 126.96
Maize 67,000.00 138.86
Sorghum 83,000.00 0.00
Soybean 162,000.00 225.92
Cocoa 700,000.00 0.00
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