Bloomberg has predicted the Ghanaian Cedi to depreciate further against major currencies, especially the dollar in the coming months as the country continues to face worsening economic conditions. According to ...
The Bank of Ghana (BoG) in a move to restore the value of the local currency, has issued a statement directing various institutions, businesses and individuals to stop transactions in ...
Mrs Ruth Ofori, a financial analyst and the Chief Executive Officer (CEO) of Lolyfx LTD, has predicted that the Ghanaian Cedi may never recover this year from its current free-fall ...
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 ...
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, ...
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 ...
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 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 ...
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