Tag: dollar
Business
Gabby Otchere-Darko hints at new de-dollarisation over Kenya’s recent fuel initiative
A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, is questioning the relevance of the United States Dollar in the world market.Mr...
Independent Africa
We can now buy fuel in Kenyan shillings – President Ruto
The dollar exchange rate in the country of East Africa would soon plunge, according to the president of Kenya, William Ruto, who cited a...
World
Why can’t we transact business with our own currency? – Brazil president wants dollar ‘out’
Luiz Inacio Lula da Silva, president of Brazil, has backed Beijing's efforts to reduce the dominance of the US dollar in international trade by...
Business
Cedi rises as oil prices reduce
The Cedi gained against the dollar, climbing to 12.25 from 12.41 at last week’s close as FX demand eased amid a decline in oil...
Business
Chamber of Automobile Dealership urges govt to maintain fix dollar rate for 6 months
To improve government revenue, the Chamber of Automobile Dealership Ghana (CADEG) is pleading with the government to keep the dollar rate stable for at least...
Business
BoG to sell $200m to BDCs in first quarter of 2023
Bank of Ghana has announced that it will in a Forex Forward Auction sell a total of $200 million to Bulk Oil Distribution Companies...
News
It must be a win against the dollar’ – Wontumi reacts to controversial BMW chant
Bernard Antwi Boasiako, alias Chairman Wontumi, the New Patriotic Party's regional chairman for Ashanti, has cleared himself of charges that he violated the party's...
News
Cedi ranked 2nd weakest currency in Africa, 4th worst globally at end of 2022
With a year-to-date loss of 38.86% against the US dollar, the Ghana Cedi finished 2022 as the second-weakest currency on the African continent, according...
Business
Cedi continues recent gains; 1$ now ¢9.2
The Ghana cedi continued its recent gains against the US dollar and the euro today, December 19, 2022.This is coming after recording its biggest...
News
A dollar trading a little over GH10 – BoG
Most recent data provided by the Bank of Ghana reveals that a dollar is selling at GH10.40.A dollar is however being bought for GH10.39.This...
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