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 […]
Currencies
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Mahama confirms BoG has withdrawn from forex market
President John Mahama has revealed that the Bank of Ghana (BoG) has withdrawn its interventions in the foreign exchange market,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
COCOBOD expecting over $4bn in inflows before end of year, says BoG Governor
Bank of Ghana Governor, Dr. Johnson Asiama, has revealed that COCOBOD is expecting over $4 billion in inflows before the
Iran: Europeans prepare sanctions as currency falls
France, Germany and the United Kingdom started a process Thursday to reimpose sanctions on Iran. The mechanism, termed “snapback” by
Forex compliance: Importers, exporters to adopt credit cards for overseas trade
The Importers and Exporters Association of Ghana is advising its members who plan to travel abroad to load funds onto