currency

In a significant move, the Central Bank has announced the unification of the Cash Reserve Ratio for both foreign…

Central bank digital currencies can improve payment systems as well as financial inclusion—if they are…

The depreciation of the Kenyan shilling increases the value of returns on foreign currency assets,…

Malawi’s central bank devalued the kwacha in a step that leaves the currency worth two-thirds less than it was at…

There have been on-going debates as to whether or not; firms and corporations should hold excess cash on their…

The Institute of Economic Affairs (IEA), a public policy think-tank in Ghana, has recommended a significant…

Ghana’s economy has been facing a chronic problem of fiscal indiscipline, which has resulted in high levels of…

S&P Global downgraded Ghana’s long-term local currency bonds to “selective default” and cut the country’s…

The local currency strengthened in value against the anchor currency almost a day after the government launched the…

Goldman Sachs Group Inc. economists said they now expect borrowing costs to peak at 29%, after the Bank of…

Ghana’s central bank announced an increase of 250 basis points in its benchmark policy rate to 27 percent Monday to…