Functions of the Central Bank of Ghana:

• formulate and implement monetary policy aimed at achieving the objects of the Bank;
• promote by monetary measure the stablisation of the value of the currency within and outside Ghana;
• institute measures which are likely to have a favourable effect on the balance of payments, the state of public finances and the general development of the national economy;
• regulate, supervise and direct the banking and credit system and ensure the smooth operation of the financial sector;
• promote, regulate and supervise payment and settlement systems;
• issue and redeem the currency notes and coins;
• ensure effective maintenance and management of Ghana's external financial services;
• license, regulate, promote and supervise non-banking financial institutions;
• act as banker and financial adviser to the Government;
• promote and maintain relations with international banking and financial institutions and subject to the Constitution or any other relevant enactment, implement international monetary agreements to which Ghana is party; and
• do all other things that are incidental or conducive to the efficient performance of its functions under this Act and any other enactment.