Tag: Foreign exchange

The Bank of Ghana (BoG) has continued its financial literacy education, once again, warning the public against dealing with unlawful persons or businesses engaging in the business of buying and ...

The Central Bank of Nigeria (CBN) is expected to keep the naira/US dollar exchange rate near the current NGN416/USD over the course of the year, according to Fitch Solutions. The ...

The Bank of Ghana has released for the information of all Authorized Foreign Exchange Dealing Banks the Auction Calendar for Foreign Exchange Forward Auctions to be held in the first ...

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 Bank of Ghana (BOG) recently held Foreign Exchange (FX) forward rates auction has been oversubscribed by forex licensed dealing banks. The BOG went beyond its FX auction target of ...

The demand for United States Dollars (USD) ebbed marginally at the recent bi-weekly forward forex auction held by the Bank of Ghana, recording the lowest bid turnout since the start ...

The Bank of Ghana has intimated that the number of bids submitted at the recent forex sales declined to 110 bids worth US$98.15 million compared to 137 bids worth US$129.5 million recorded at the ...

The Bank of Ghana has accepted 60 bids out of the 137 bids submitted by banks at the latest multiple-price foreign exchange forward auctions held. This is higher compared to last time’s forex ...

The increase in the number of bids submitted at the first multiple-price foreign exchange forward auctions held in the year 2021 suggest a rise in the demand for forex even ...

The Bank of Ghana has proposed a total target amount of US$ 775 million for the multiple-price foreign exchange forward auctions to be held for the year 2021. According to ...