“Where is the anxiety coming from?” – BoG Governor on Cedi stability
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has dismissed concerns about the stability of the Ghanaian cedi, […]
Currencies
IMF exposed BoG over cedi intervention but outlook positive – Prof Bokpin
The Bank of Ghana (BoG) was actively intervening in the foreign exchange market to prop up the Cedi, despite official
BoG Governor downplays cedi slippage, cites seasonal trade pressures
Governor of the Bank of Ghana, Dr. Johnson Asiama, has clarified that the recent depreciation of the cedi should not
BOG Directives; Banks to effect 5% fee on forex withdrawals.
Following new guidelines from the Bank of Ghana, Commercial banks in Ghana have begun enforcing a 5% fee on foreign
BoG enforcement of FX measures is in the right direction – IMF
The International Monetary Fund (IMF) has maintained that it fully endorses the Bank of Ghana’s strict enforcement of foreign exchange
Stronger cedi, Stronger Economy: Mahama Rolls out Measures for Real Value and Stability.
Staying within a band of around 5% per annum, President John Dramani Mahama has projected that the cedi’s depreciation will
Mahama confirms BoG has withdrawn from forex market
President John Mahama has revealed that the Bank of Ghana (BoG) has withdrawn its interventions in the foreign exchange market,
Cedi falls on strong demand amid weak forex support; one dollar equals GH¢12.70 at forex bureaus
The Ghana cedi depreciated across both the interbank and retail markets last week following strong demand amid weak support for
Expensive loans driving up Africa’s debt servicing costs – Ato Forson
Finance Minister, Dr. Cassiel Ato Forson, has raised alarm over the elevated risk premiums imposed on African debt, warning that
GUTA urges calm as cedi weakens past GH¢11 to dollar
The Ghana cedi slipped past the GH¢11 mark against the US dollar on the interbank market, a development market watchers