Tag: Forex
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...
Business
We publish weighted average of transaction rates, not BoG forex rates – 1st Deputy Governor
The daily publishing of foreign exchange rates, which sets the rates lower than those offered on the retail or forex market, has been defended...
Business
BoG’s decision to halt forex support for import of rice and others is bad, says Kofi Bentil
Kofi Bentil, the vice-president of IMANI Africa has described the decision by the Bank of Ghana (BoG) to halt forex support for imports for...
Business
BoG denies colluding with illegal forex traders at Accra
The Bank of Ghana (BoG) has strongly denied claims of collusion with illegal foreign exchange traders (forex) at the Central Business District in Accra...
News
Government to limit forex for importation of certain goods – Oppong-Nkrumah
The government will in the coming days limit the availability of forex for the import of some goods into the country, the Minister of Information, Kojo Oppong...
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