foreign exchange

By Adnan Adams Mohammed   The Bank of Ghana (BoG) is launching a comprehensive National Remittance Strategy and accompanying roadshow, aiming not just to boost crucial foreign exchange inflows but …

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama, says the central bank was compelled to support the foreign exchange market after the sharp appreciation of the cedi slowed …

As part of measures to control foreign currency exchange market, commercial banks have started enforcing a new directive from the Bank of Ghana on foreign currency withdrawals. The directive is …

A Managing Partner of Konfidants (an advisory firm), Michael Kottoh, noted a steady recovery in business confidence following a prolonged period of economic turbulence. He pointed out that past economic …

Ghana has risen to become the fifth-largest holder of central bank gold reserves in Africa, with 28.1 tonnes as of October 2024.

    Adnan Adams Mohammed   The Bank of Ghana’s Domestic Gold Purchase Programme has so far amass 65.4 tonnes of gold valued at US$5 billion.   This has significantly …

The decline in Ghana’s inward remittances has been validated by the Bank of Ghana that the newly licensed MTOs and 11 Fintech Companies have withheld approximately GH¢18 billion (US$ 3 …