Tag: Forex
Business
BoG grants 15 brokers authorisation to operate in interbank FX market
The Bank of Ghana (BoG) has authorised 15 foreign exchange (FX) brokers to operate on the Ghana Interbank Foreign Exchange Market for the year...
Business
Cedi now trades GHS14.72 to a dollar at forex
Ghana's local currency, the cedi, is steadily improving in value against major currencies like the dollar in some forex bureaus.At the end of November,...
Business
Cedi continues to depreciate at forex, selling at GHS16.40
Ghana’s cedi has seen slight losses on the interbank foreign exchange market.However, it continues to strengthen against major currencies like the dollar at various...
Business
Forex was purchased by Beige Bank from an unauthorized company – Witness
In the trial of the Founder of the former Beige Bank Limited, a witness testified that the bank purchased foreign currency from his unlicensed...
Headline
Address abuses within the Forex Bureau market – Richard Ahiagbah to BoG
Director of Communications for the governing New Patriotic Party (NPP), Richard Ahiagbah, has urged the Bank of Ghana (BoG) to diligently fulfil its regulatory...
News
There is no need to rush and buy forex – Finance Minister tells Ghanaians
Finance Minister Dr. Mohammed Amin Adam has assured Ghanaians that there is sufficient foreign exchange supply.He is therefore urging the public not to...
Business
A dollar goes for GHS13.65 at forex, BoG interbank rates GHS12.86
Today's Interbank forex rates, as reported by the Bank of Ghana on March 27, 2024, indicate that the Ghana Cedi is valued against the...
News
Pressures on forex have been eased due to Gold-for-oil – Akufo-Addo
President Akufo-Addo has emphasized that the government's gold-for-oil initiative has effectively alleviated pressure on foreign exchange. During his recent State of the Nation Address...
News
4 illegal FX Market operators busted in Kumasi; convicted
In a crackdown on illegal foreign exchange (FX) activities, law enforcement authorities in Kumasi have successfully apprehended four individuals operating outside the legal framework. The...
Business
Forex shortage causes 21% decline in Investor and Exporters turnover to $1.68bn
In July 2023, amid the prevailing dollar scarcity in the economy, the volume of dollars traded (turnover) in the Investors and Exporters (I&E) window...
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