Cedi depreciates by 8.4% against the dollar in first five months of 2026
The Ghana cedi lost 8.4% of its value against the US dollar during the first five months of 2026, according […]
Currencies
Mozambique considers converting China debt to yuan amid rising default risk
Mozambique is exploring a plan to convert roughly $1.4 billion of its debt owed to China into yuan-based loans as
Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens
Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget
World Bank and Citi launch $98m rand facility to strengthen local currency financing in South Africa.
A new 1.6 billion rand ($98 million) financing arrangement has been introduced by the World Bank Group and Citigroup to
The South African rand and Nigerian naira surge against the dollar
The South African rand and Nigerian naira have been listed among global currencies that recorded solid appreciation against the United
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
The Bank of Ghana (BoG)’s decision to sell more than half of its gold reserves in November & December 2025
BoG cuts policy rate to 14% despite Middle East risks
The Bank of Ghana (BoG) has reduced its Monetary Policy Rate by 150 basis points to 14%, The decision, taken
Ghana’s external reserves rise to $14.5bn as macroeconomic outlook improves – BoG Governor
Ghana’s external reserves have recorded a notable increase, reaching approximately $14.5 billion, according to the Bank of Ghana, providing about
Middle East tensions threaten Ghana’s disinflation progress – BoG
Governor of the Bank of Ghana, Dr. Johnson Asiama, has warned that escalating tensions in the Middle East could threaten
Gov’t to issue long-dated domestic bonds following expiration of DDEP restrictions – Dep Finance Minister
Deputy Minister of Finance, Thomas Nyarko Ampem, has revealed that the government will soon initiate the issuance of long-dated domestic