Putin urges BRICS nations to adopt Cryptocurrencies to ease…
The Russian President, Vladimir Putin has urged members of the BRICS bloc (Brazil, Russia, India, China, and South…
Browsing Tag
US dollar
Some Forex Bureaux Sell Dollar at GH¢16.78, as Demand for…
Some forex bureaux in Accra have increased the selling rate of the US dollar to GH¢16.78, driven by surging demand,…
Zimbabwe Government to Pay Civil Servants in US Dollars Due…
According to the Minister of Public Service, Labour, and Social Welfare, July Moyo, the move by the government is…
Cedi Records Over 20% Depreciation Rates Against Major…
The Cedi has experienced a sharp depreciation against major currencies in September, deepening concerns over the…
Zimbabwe Currency Shock Is Central Banker’s First Taste of…
Zimbabwe’s latest attempt to introduce a new currency is coming undone, just five months after initially being…
FX Shortages, Economy Woes Keep African Currencies Pressured
While emerging-market currencies have broadly benefited from a softer US dollar this quarter, African currencies…
BDCs Lock in GHS 15.73/USD Rate in BoG’s Strategic Forex…
Bulk Oil Distribution Companies (BDCs) last Tuesday, August 13, secured $20 million from the Bank of Ghana (BoG)…
ISSER: High exchange rates fuel economic challenges
The Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana has linked the…
Cedi narrows loss to dollar on retail market; one dollar…
The Ghana cedi narrowed its year-to-date loss to the US dollar to about 7.50% on the retail market after making…
Is the US Dollar losing its grip? The rise of alternative…
For decades, the US dollar has enjoyed unparalleled dominance as the world’s reserve currency, underpinning global…
Cedi faces headwinds amidst global dollar strength and…
The Cedi finds itself navigating turbulent waters in the foreign exchange market as a confluence of factors…