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Forex Bureaus sell $1 at GH¢13.50 BoG GH¢13.01 as of November 2

On the Interbank forex rates from the Bank of Ghana as of November 2, 2022, the Ghana Cedi is trading against the dollar at...
Business

Cedi depreciation: BoG’s illegal money to govt chasing the dollar – Adongo

Isaac Adongo, a member of parliament for Bolgatanga Central, claims that the Bank of Ghana illegally injected Ghana cedis into the economy, which is...
Business

FLASHBACK: Forex Bureaux to demand voter’s ID, passport or a driver’s license before transactions

Any person wishing to exchange one currency for another must provide a voter identity card, passport, national identification card, or driver's license, according to...
Business

Cedi Rates: Forex Bureaus sell $1 at GH¢13.55 BoG GH¢13.01 as of November 1

On the Interbank forex rates from the Bank of Ghana as of November 1, 2022, the Ghana Cedi is trading against the dollar at...
Business

Cedi on path to recovery and stability – Analyst

The cedi’s dark days appear to be over, at least until the end of the year, with market movements over the last week. There...
Business

Enough liquidity available till IMF programme takes off – BoG Governor assures

Dr. Ernest Addison, the governor of the Bank of Ghana, has assured that the central bank has enough cash on hand to maintain the...
Business

We are not engaged in any illegal transfer of funds offshore – BoG refutes claims

The Bank of Ghana has denied allegations that it actively worked with some operatives at Cowlane in Accra to transfer money illegally overseas. This comes...
Business

Cedi Depreciation: We’ll flush out all illegal forex operators – Akufo-Addo

According to President Akufo-Addo, actions being taken to stop the cedi's depreciation will not stop, and this includes shutting down forex operators who are...
Business

Gov’t announces 5 measures to stop free fall of cedi

The Government of Ghana has adopted five measures to prevent further free fall of the cedi. President Akufo-Addo announced these measures on Sunday, when he...
Business

Cedi: Closure of Forex Bureaux for non-compliance will go on – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has said the exercise to close down forex bureaux that are not complying with the regulations will continue. This forms part...
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