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A dollar goes for GHS15.85 at forex bureaus

Ghana's local currency, the cedi, has shown slight gains against key international currencies, including the US dollar, as observed in forex bureaus since October...
Business

Dollar trading at GHS15.92 at forex as of Aug 16

The value of Ghana’s local currency, the cedi, continues to fall against major trading currencies, notably the US dollar. As of 10:00 AM on Friday,...
Business

Desperate BoG orders Forex Bureaus to stop advertising FX rates outside their shops

Governor Addison emphasized the Bank's substantial foreign exchange reserves, advising against speculative purchases, which could lead to economic losses when corrections occur. At the 118th...
Business

BoG taskforce to keep an eye on compliance with forex bureaus

A team has been established by the Bank of Ghana (BoG) to oversee all foreign exchange bureaus and guarantee adherence to their regulatory policies. “The...
Business

‘Stabilize the Ghana Cedi’ – Otumfuo urges BoG

The Asantehene, Otumfuo Osei Tutu II, has appealed to the Bank of Ghana to take necessary steps to stabilize the forex market. In a speech...
Entertainment

Nana Aba Anamoah ‘exposes’ Ghanaian traders

Popular Ghanaian media personality, Nana Aba Anamoah, has alleged that some traders are exploiting the country’s economic crisis to overprice their items. Prices of goods...
Business

Dollar breaks ¢11 mark; forex bureaus sell a dollar for ¢11.2

The dollar has hit the ¢11 to $1 mark as some forex bureaus in parts of Accra are selling a dollar at an average...

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