Cedis Struggle against Dollar Continues: Depreciates by 1.7%
According to data from the Bank of Ghana (BoG), the Ghanaian cedi has depreciated by 1.7% to the US Dollar in the first nine months of 2021, starting from January ...
Tag: Dollar
BoG’s forward forex sales oversubscribed by more than 100%
The Bank of Ghana’s (BOG) Foreign Exchange (FX) forward rates auction has been oversubscribed by more than 100% by forex licensed dealing banks. The auction got bids totaling US$133.75 million, ...
The Ghanaian Cedi Fights Against the Buck and Prevails by 0.33%
After days of losing against the U.S Dollar, the Ghanaian Cedi has finally mounted a spirited defense and managed to peep the American green note by gaining 0.33 percent to ...
Bank of Ghana FX forward rates auction oversubscribed
The Bank of Ghana (BOG) recently held Foreign Exchange (FX) forward rates auction has been oversubscribed by forex licensed dealing banks, against BOG’s auction target of US$75 million. Although the ...
Gold Prices Dwarf Weakening Dollar to Close the Week
Gold prices traded higher over a weakened dollar in Friday’s trading session, raising investors’ appetite for the yellow metal in the process. The precious metal edged higher on the last ...
Copyright © 2021 The Vaultz News. All rights reserved.
