BoG Rakes in $20 million from Forex Forward Auction to Support BDCs
Bulk Oil Distribution Companies (BDCs) can now breath a sigh of relief as the Bank of Ghana (BoG) successfully achieved its target of raising $20 million in the latest forex ...
Tag: Forex Forward Auction
BoG Issues Guidelines to Govern Conduct of Foreign Exchange (FX) Forward
The Bank of Ghana (BOG) has announced some guidelines that will govern the conduct of foreign exchange (FX) forward auctions on the interbank foreign exchange market for Bulk Oil Distributors ...
Bank of Ghana to Begin Raising US$450m from FX Auction Today
According to the schedule released by the Bank of Ghana (BOG), it is expected from today January 11, 2021 to commence the multiple-price foreign exchange (FX) forward auction for the ...
BoG Forex Forward Auction Oversubscribed by 379%
Bank of Ghana (BoG) forex forward auction has been hugely Oversubscribed by 379% . Meanwhile, it has rejected over Sixty million dollars ($60 million) of bids submitted in its recent ...
BoG Rejects Over $50 million Bids Submitted in Forex Forward Auction
The Bank of Ghana (BoG) has rejected over fifty million dollars ($50 million) of bids submitted in its recent Forex Forward Auction on 15th June, 2021. In a statement released ...
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