Tag: foreign exchange
Business
BoG suspends CBG’s foreign exchange trading licence for a month
The Bank of Ghana (BoG) has announced the suspension of the Foreign Exchange Trading Licence of Consolidated Bank Ghana (CBG), effective from 26th November...
Business Headline
Cedi likely to stay under pressure this week, with the dollar trading at GHS 16.55
Ghana cedi is anticipated to face sustained pressure this week due to high foreign exchange demand, despite the country’s progress with the IMF’s Economic...
Business
BoG’s foreign exchange reserves reach $907M
Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has announced that the Central Bank has amassed foreign exchange reserves amounting to...
Business
Ghana cedi set to strengthen with increased foreign exchange inflows
The Ghana cedi will receive a much-needed foreign exchange buffer in the short term due to substantial inflows.This follows several measures announced by the...
Business
Foreign exchange trading licenses of GT Bank, FBNBank suspended
The Bank of Ghana (BoG) has temporarily suspended the foreign exchange trading licenses of Guaranty Trust Bank Ghana Limited (GTB) and First Bank of...
Business
Leaders in business, politics support reevaluating Africa’s GDP
Prominent business and political figures from across the continent have stressed the urgency of reevaluating Africa's Gross Domestic Product (GDP) by conducting a comprehensive...
Business
Control measures for foreign exchange to be reversed by ...
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has revealed plans to reverse the foreign exchange (FX) control measures introduced last year...
News
Bank of Ghana could not provide importers nearly $80m to import goods – MP alleges
The Member of Parliament (MP) for Bolgatanga Central, Dr. Isaac Adongo, has alleged that the Bank of Ghana (BoG) could not provide all the...
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