28.2 C
Accra
Tuesday, January 21, 2025
HomeTagsForex

Tag: Forex

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...

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,...

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...

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...

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...

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...

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...

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...

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...

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...

Must read