Exchange rate

Business

Chinese Yuan Can Offer Cedi Respite

The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading...

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Salvaging the Sinking Cedi

The economy of Ghana is still developing and the need for export earnings to support national expenditure which is...

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Check Out The 7 Strongest Currencies On the African Continent

To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the...

International

IMF Urges Nigeria To Lift FX Restrictions, Dump Multiple Exchange Rates

The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and...

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The Invisible Hand of Government In Cedi Depreciation

By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices...

Business

Cedi Gains On Forex Inflows

The gains the Cedi made this week is expected to continue next week as forex inflows improve amid lower import demands...

Headlines

Trade Deficit Threat To National Security

The Trump administration's top trade advisor said Monday US trade deficits are a threat to national security that could...

International

US Charges Three Foreign Exchange Traders

Prosecutors in the US have accused three former currency traders at major banks of trying to rig foreign exchange...

International

Egypt’s Pound Strengthens As Demand For Dollars By Importers Eases

Egypt pound has strengthened slightly at banks as demand for dollars slightly goes down. A dollar was being exchanged...

Opinion

Most Foreign Awards Are Bribes To Drain Africans Economy

So every country manipulates their currencies either by easing and tightening interest rates or using stimulus to boast...

International

Iran Allows Free Foreign Exchange At Banks In Move To Unify Rates

Iran authorized some banks on Saturday to deal in foreign exchange trading at a free-market rate, the central bank...

Business

Dollar Auctioning Could Hurt Cedi – Economist

An economist, Dr. Lord Mensah, has said the auctioning by the central bank of part of the US$1.8 billion cocoa...

Business

Dollar Auction May Least Control Cedi Depreciation – Economist

As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial...

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Dollar Auction May Least Control Cedi Depreciation

As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial...

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Mahama’s Govt ‘bad For Business’ – Spare Parts Dealers

The government of the National Democratic Congress (NDC) led by President John Dramani Mahama, has not been helpful to...

Business

The Cedi’s Rising Fortunes

Ghana's national currency, the cedi is on the brink of completing a record-breaking year, and even the currency...

International

State Security Raids Nigerian Currency Dealers

Currency dealers were accused of exchanging naira at a rate lower than 400 naira to $1. Nigerian intelligence agents...

Business

Election of Trump Wont Destabilize Cedi – Economists

The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...

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Election of Trump Wont Destabilize Cedi

The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against...