BoG Governor: Strong buffers in place, cedi set to…
The Bank of Ghana (BoG) is strengthening its foreign reserves to help stabilize the cedi amidst its recent…
Browsing Tag
Dollar
Russia Fines Google More Money Than There Is In Entire World
A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian…
Dollar keeps crushing cedi as forex trades at ¢16.65 to $1
The Ghanaian cedi is expected to face continued pressure this week as demand for foreign exchange remains high,…
Nigeria’s Naira Falls to Record Low as Dollar Liquidity…
Nigeria’s local currency fell the most in about two weeks to a record low, after of a steep drop in dollar…
Africa FX: Uganda’s Currency Seen Gaining While Ghana’s…
Uganda’s currency is seen strengthening against the dollar in the next week to Thursday, while Ghana’s could weaken…
Russia Is Willing to Let Ruble Weaken to Ease Sanctions…
Russia’s ruble is on the slide toward 100 per dollar and this time the authorities appear resigned to letting it…
Bank of Ghana to Auction $120 Million to Oil Importers in Q4…
The Bank of Ghana has announced plans to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the…
Ghana’s Q2 Trade Surplus Shrinks to GH¢5.4 Billion, Down…
Ghana recorded a trade surplus of GH¢5.4 billion in the second quarter of 2024, according to the latest data from…
Reduce Dollar Rate to ₵10- Traders to Gov’t
The Ghana Federation of Traders, a group made up of six trader unions, has called for urgent measures in…
Foreign investors return to Nigeria stocks as inflows…
Foreign investors are buying Nigerian stocks again after an extended time off sparked by dollar shortages made…
Dollar’s extended reign delivers stark wake-up call for…
The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and…