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Over-the-counter cash withdrawals in foreign currency still allowed – BoG clarifies

The Bank of Ghana (BoG) has clarified that over-the-counter (OTC) cash withdrawals in foreign currency from Foreign Exchange Accounts (FEA) and Foreign Currency Accounts...

You failed to show a sense of responsibility and focus – KSM tells Sammy Gyamfi

Renowned Ghanaian comedian and social commentator Kwaku Sintim-Misa, popularly known as KSM, has criticized Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi,...

G/R: 12 containers of fake US dollars intercepted at Sapeiman

National Security operatives have intercepted a large consignment of counterfeit currency and suspected gold bars concealed in twelve 20-foot shipping containers. Acting on intelligence, officers...

12 containers of fake US dollars, suspected gold bars intercepted by National Security

National Security operatives have seized a major consignment of counterfeit currency and suspected gold bars concealed in twelve 20-foot shipping containers. The operation, carried out...

Cedi declines 19.5% against the dollar July 2024

The Ghanaian cedi has weakened by roughly 19.6% against the US dollar on the interbank foreign exchange market as of July 2024, according to...

Amin Adam slams Bolga MP for inciting people to purchase dollars for their business operations 

The Finance Minister, Dr. Mohammed Amin Adam, criticized MP for Bolgatanga Central, Isaac Adongo, for allegedly promoting dollar purchases for business operations. Dr. Amin Adam...

Naira strengthens as Central Bank offloads dollars amidst liquidity worries

The naira surged to its strongest level in over a month as Nigeria's central bank intervened in the foreign exchange market by selling dollars. On...

Cedi sells at GHS15.15 to $1, BoG Interbank rate at GHS13.84

Today, May 21, 2024, the Bank of Ghana's Interbank forex rates reveal that the Ghana Cedi is trading against the dollar at a buying...

Akufo-Addo must instruct his appointees to release the dollars stashed in their homes – Ato Forson

Minority Leader Dr. Cassiel Ato Forson has urged President Nana Akufo-Addo to promptly direct his appointees who have stockpiled foreign exchange to release them. During...

A ‘lazy man’s approach – IEA Director blasts Ghana’s reliance on IMF, World Bank to fortify the Cedi

Director of Research at the Institute of Economic Affairs (IEA),Dr. John Kwakye, criticised the government's heavy reliance on foreign aid to support the local...

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