New Net Open Position (NOP) restrictions for banks have been issued by the BoG’s MPC.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Monetary Policy Committee (MPC) of the Bank of Ghana has announced new Net Open Position (NOP) limits for banks, effective October 1, 2025.

The revised NOP has been adjusted from the existing -/+5% to a tighter band between 0% and -10%.

The measure is aimed at strengthening foreign exchange (FX) risk management within the banking system.

Net Open Position limits set the maximum FX risk a bank may assume, representing the gap between foreign currency assets and liabilities.

By narrowing the range, the Central Bank seeks to curb excessive speculation, safeguard banks’ capital buffers from currency volatility, and reinforce overall financial stability.

Source: newsthemegh.com