The Bank of Ghana’s Q3 2023 Economic Bulletin provides a…
Total volume of forex purchases at the end of Q3 2023 per the Bank of Ghana’s Quarterly Economic Bulletin for Q3…
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Dollar
Nigeria’s naira slumps 23% to record low amid dollar…
The Nigerian naira plunged to its lowest point on record in official trading as a shortage of US dollars persisted…
Fitch Rating upgrade expected to boost cedi’s stability…
The cedi is poised to maintain its stability vis-à-vis the US dollar in the immediate future, a prospect that has…
Fitch forecasts $3.3bn surge in foreign reserves in 3 years
Rating agency Fitch projects a robust surge in Ghana’s foreign reserves, a development poised to…
Naira official rate falls 26% as dollar supply drops…
The naira weakened 26% against the dollar on the official market, touching its lowest closing price on record amid…
Zimbabwe plans to drop US Dollar in 2025, but scepticism…
Zimbabwe’s largest independent asset manager predicts that the US dollar will continue to be the dominant…
Cedi depreciates to GHS 12.10 against dollar; defies…
The Cedi is facing mounting pressure as it now trades at GHS 12.10 against the US dollar on the forex or retail…
Stability of the Ghana Cedi against the Dollar to persist…
The cedi is anticipated to maintain its stability against the US dollar in the coming week, primarily due to an…
GSE: Cedi returns on equities rise by 14.9% but dollar…
The Ghana Stock Exchange (GSE) encountered a tale of two realities in the first half of 2023, as investors…
Cedi demonstrates resilience as it inches higher against…
The Cedi showcased its relative resilience in the face of major trading currencies, displaying a modest inclination…
Nigerian banks’ dollar earnings under pressure as…
The juicy foreign exchange earnings of Nigerian banks have come under intense pressure due to low dollar economic…