forex exchange

The Ghanaian local currency (cedi) has ended the 2025 fiscal year on its strongest footing in a decade, defying an at least 30-year seasonal depreciation pattern and emerging as one …

Ghana’s local currency (Cedi) has begun bowing to market pressure as demand for international trading currencies soars to cover the Christmas festive related imports as the year nears its end. …

Ghana’s local currency, the cedi, is poised to make history as it records its first-ever annual appreciation against the US dollar since its redenomination in 2007. According to Bloomberg data, …

Bank of Ghana has denied allegations that it has manipulated the foreign exchange market, noting that, currently that market is controlled by commercial banks. It notes the Central bank only …

The Bank of Ghana (BoG) has sold one of its highest amounts of dollars for the market through a single 7-day FX forward auction. Market data seen by JOYBUSINESS showed …

All banks, Dedicated Electronic Money Issuers (DEMIs) and Enhanced Payment Service Providers (EPSPs) have been directed to submit detailed weekly reports on inward remittance transactions. According to the Bank of …

The Central Bank says it vehemently denies the said allegations and also considers them extremely reckless.

This peg the difference in the market rates at about 14 percent or GH¢1.0.

As global risk may worsen further in the first-half of 2022, and Ghana’s ability to tap the Eurobond market may further wane. Foreign exchange reserves could remain under pressure in …