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You could be jailed for 18 months or have your property seized for illegal forex trading – BoG

According to the Bank of Ghana (BoG), those who operate in the black market are breaking the law. Adwoa Konadu Tortor, the head of the...

BoG postpones 108th MPC meeting to coincide with end of IMF mission to Ghana

The 108th meeting of the Monetary Policy Committee of the Bank of Ghana has been postponed. To "enable the decision on the policy rate to...

Forex bureaus sell $1 at GH¢10.45, BoG GH¢9.24 as at September 23

On the Interbank forex rates from the Bank of Ghana today, September 23, 2022, the Ghana Cedi is trading against the dollar at a...

76 Black Market foreign exchange Operators busted

A joint team of Bank of Ghana (BoG) officials and the Ghana Police Service has arrested 76 suspected illegal black market operators in a...

Cedi depreciation: BoG, Police arrest over 70 ‘Black Market’ dealers

Over 70 people and businesses engaged in the business of purchasing and selling foreign currencies without a license from the top bank have been...

Why can’t the government act rationally like developed countries? – IEA asks

The Institute of Economic Affairs has questioned Ghana's government's capacity to recommend long-term remedies to the country's economic problems, just as it has done...

Let’s not hesitate; cryptocurrency is here to stay – Ursula Owusu-Ekuful

Ursula Owusu-Ekuful, the minister of communications and digitalization, has stated that since cryptocurrencies are now a reality, Ghana must find methods to make them...

To stop growing inflation, the government and the BoG can use four actions – IEA

To address the growing inflation, the Institute of Economic Affairs has suggested certain initiatives that the government and Bank of Ghana can implement. The Institute...

BoG is planning to auction $420 million to authorized Foreign exchange dealers

In the final quarter of 2022, the Bank of Ghana plans to auction $420 million to authorized foreign exchange traders. This year's third-quarter sales to...

Let’s lessen the effect of COVID-19 on women-owned companies – BOG deputy Director

Mrs. Clarrisa Kudowor, a Deputy Director at the Bank of Ghana (BoG), has urged business sector participants to work with the central bank to...

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