CBG resumes forex exchange activities after BOG’s suspension
Consolidated Bank Ghana (CBG) has announced the resumption of its foreign exchange trading operations following the…
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4 Illegal FX Market Operators Caught, 2 Convicted
The Asokwa Circuit Court 2 in Kumasi has sentenced Senyah Poku and Yaa
Serwaa of Senyah Poku Enterprise, an unlicensed foreign…
BoG fines, suspends Zeepay over forex regulation breaches
The Bank of Ghana has imposed fines on Zeepay Ghana Limited for violating clause 7.3(a) of the Inward Remittance regulations.…
BoG lists unapproved money transfer organisations operating illegally in…
The Bank of Ghana has raised alarm over the illicit operations of unapproved Money Transfer…
BoG announces $120m forex forward auction for Bulk Oil Distribution…
The Bank of Ghana has released its eagerly anticipated Forex Forward Auction Calendar for the third quarter of 2023, catering…
Stabilising the cedi; BoG to hold series of discussions with banks, forex…
In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday…
BoG sets $420m target in forex auction for Q4 2022
Some $420 million dollars is projected to be sold out to authorised dealers in the fourth quarter of the year.
This is…
BoG accepts less than 50% of bids in last dollar auction in June
The Bank of Ghana in its last auction of forex in June, received 33% of the total amount of dollars dealers bid for.
The…
BoG offers $25m to forex dealers in April auction
The Bank of Ghana in its latest auction of forex, accepted $25 million in bids.
This represents 31.74% of the total amount…