Tag: Dollars
Business
BoG plans to sell $120m to BDCs in third quarter of 2023
In the third quarter of 2023, Bank of Ghana (BoG) has announced its plan to sell $120 million to Bulk Oil Distribution Companies (BDCs)...
Business
A dollar sells at GHS11.90 at forex, GHS10.98 at BoG interbank
Today, June 15, 2023, the Ghana Cedi is trading against the dollar at a purchasing price of 10.9780 and a selling price of 10.9890,...
World
Parliament to probe rate ‘rigging’ evidence provided by Bank of England
Parliament has been urged to investigate "damning evidence" that it may have been misled by the Bank of England over interest rate rigging.Senior Conservative...
Business
A dollar goes for GHS11.40, GH¢10.96 on BoG interbank
Today, May 17, 2023, the Ghana Cedi is trading against the dollar at a purchasing price of 10.9538 and a selling price of 10.9648,...
Independent Africa
Nigerian rail project to be financed by Chinese bank
The China Development Bank has been accepted by the Nigerian Senate as the new funder for a rail project, which is expected to cost...
Independent Africa
Nigeria 2023 elections: APC accused of vote-buying, reportedly sharing dollars
Information reaching the Independent Ghana is that the All Progressives Congress (APC) is allegedly engaged in vote-buying as Nigeria heads to the poll.According to social...
Independent Africa
US is ‘all in’ on Africa’s future – Biden
The United States of America has once again declared support for Africa.US President Joe Biden has announced billions of dollars in new funding for...
Business
Cedi strengthens in value against dollar; 1$ now ¢13.70
Nearly a day after the government's Debt Exchange Program start, the Ghana cedi appreciated versus the dollar.The value of the local currency increased in...
Business
After the decline of the pound, the bank will “not hesitate” to boost interest rates
The pound hit a record low versus the US dollar, prompting the Bank of England to declare that it will "not hesitate" to raise...
Business
BoG vows to punish institutions pricing in dollars, other foreign currencies
The Bank of Ghana has reiterated its caution to institutions that do not have permission to price in foreign currencies to desist from engaging...
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