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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...
World

Pound rallies as Liz Truss announces resignation

The pound rose against the dollar and government borrowing costs dipped as investors reacted to Prime Minister Liz Truss's resignation. Sterling hit $1.13 as the...
World

The pound surges as the chancellor moves to calm markets

On Monday, the pound gained and government borrowing costs fell as investors welcomed the news that Chancellor Jeremy Hunt is speeding up tax and...
Business

Pound rising on reports of a mini-budget U-turn

The pound has gained as speculation about a possible U-turn on the mini-budget has increased. On Friday morning, sterling was trading above $1.13 versus the...
World

The Japanese yen has reached a 32-year low against the US dollar

The Japanese yen fell to a 32-year low versus the US dollar as official data revealed that prices in America rose faster than predicted. The...
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...
Business

Cedi sells at GH¢11 to 1 dollar at bureaus, BoG at GH¢9.63 as of October 8

On the Interbank forex rates from the Bank of Ghana on, October 7, 2022, the Ghana Cedi is trading against the dollar at a...
World

Coronavirus: Pound plunges to its lowest level in over 30 years

The pound has fallen to its lowest level against the dollar since 1985, as the spread of the coronavirus pandemic spooks investors. It is currently...

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