Cedi hits GH¢16 to a dollar on retail market
The Ghana cedi has hit the GH¢16 mark to a dollar on the retail market after weeks of relative stability.
This is how much most…
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Ghanaian arrested in Turkey over moves to transfer $1 billion of…
TURKISH security forces have successfully intercepted a significant counterfeit money operation in Istanbul, resulting in the…
Fitch Solutions forecasts end-year cedi to dollar rate of GH¢12.25;…
Fitch Solutions is forecasting an end-year cedi to dollar rate of GH¢12.25 to one US dollar, arguing the the Ghanaian cedi will…
Cedi loses 0.7% in value to dollar as of January 2024 – BoG
The Ghana cedi has lost about 0.7% in value to the dollar so far this year, the Bank of Ghana has revealed.
According to its…
Ghanaians turned to savings in foreign currency to protect investments –…
A report conducted by KPMG has revealed a high number of shifts in the savings culture of some Ghanaians geared towards saving the…
BoG Forex Auction: 14 BDCs purchase $20m at GHS 12.15/$1 for fuel imports
Bulk Oil Distribution Companies (BDCs) undertook a substantive transaction with the Bank of Ghana (BoG) on December 13, 2023.…
Ghana commences US dollar denominated domestic debt exchange programme
The government is seeking the full participation from all investors in its dollar denominated bonds to restructure debts totalling…
Cedi continues strong performance; $1 now ¢10.80
The Ghana cedi continued its strong run against the US dollar today, April 4, 2023, as it sold below ¢11.
Checks by Joy…
Cedi maintains resurgence momentum against US dollar
The cedi continued its resurgence against the major trading currencies on the retail market last week.
The local currency…
How the dollar, energy and food prices swirled after a year of war
Russia's invasion of Ukraine has disrupted economies and markets around the world, from energy and food prices to European banks,…