Cedi bouquets, hampers Illegal, stop it – BoG
The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting ...
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Tag: Forex
Prof Adei: Overborrowing is one of Akufo-Addo’s biggest mistakes
Economist Stephen Adei says incessant borrowing without the capacity to repay is one of the most significant contributors to the ...
Ghana forex: $1 equals ¢13.05
The Ghana cedi lost about 1.94% value to the US dollar last week to trade at an average of ¢13.0. ...
GH¢575.7bn debt could be much higher than announced – Jackson
The Director of Business Operations for Dalex Finance, Joe Jackson, says Ghana’s debt could be much higher than what the ...
Cedi slightly declines in value to trade at 12 to the dollar
The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days ...
Bank of Ghana increases mobile money transaction limit
The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on ...
President failed to address our main concerns – GUTA
The umbrella body of traders, the Ghana Union of Traders Association (GUTA), has expressed some mixed feelings about President Nana ...
BoG and debt restructuring are both contributing to the cedi’s problems – JP Morgan
Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt ...
Cedi depreciation: BoG, Police arrest over 70 ‘Black Market’ dealers
Officials of the Bank of Ghana, in collaboration with the Ghana Police Service, have arrested over 70 individuals and entities ...
Cedi depreciation against other major trading currencies is getting out of hand – GUTA
The Ghana Union of Traders Association (GUTA) has raised an alarm over plummeting cedi value and its effect on businesses. ...
BoG Denies Printing GH¢22bn
The Bank of Ghana (BoG) has dismissed claims by the Ranking Member of the Finance Committee of Parliament, Cassiel Ato ...
Bank of Ghana reserves decline from $9bn to $3bn – Finance Committee Report
A recent report by the Finance Committee of Parliament has revealed the precarious state of the country’s finances. According to ...