China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading of the yuan, but analysts are sceptical about its efforts to relax...
Trading activity in terms of volumes on the stock market decreased by 63.25% in the week under review as volumes of shares traded scaled down by 2,029,759. Further, the total values of shares traded...
Wall Street stocks rallied and the dollar advanced Friday following a better-than-expected US jobs report for June, while equities elsewhere were mixed as a tense G20 summit got underway. The US...
Rwanda’s Minister of Finance and Economic Planning Claver Gatete has said that though African trade has witnessed remarkable growth over the last two decades, its share of global trade remains at a...
The Energy Minister, Boakye Agyarko has indicated that the eight member committee tasked to look into the alleged sale of 5 million litres of contaminated fuel to Movenpiina, would now offer advice...
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while the dollar rebounded on exchange markets ahead of the July 4 holiday in...
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to its highest level in more than a year against the dollar. The single currency...
The first quarter Gross Domestic Product (GDP) figures for 2017 have shown that the services subsector recorded the least growth. The services subsector recorded a GDP growth of 3.7 percent, down...
The Bulk Oil Storage and Transportation (BOST) says the controversy over the sale of contaminated fuel is serving no purpose other than to distract from the financial rot overseen by the previous...
The Bulk Oil Storage and Transportation Company Limited (BOST) has denied media reports that it is losing over GHC 7m by selling off-spec (substandard) products at a cheaper rate which would cost the...
Namibia’s preliminary stock of international reserves stood at 1.89 billion U. S. dollars (24.2 billion Namibian dollars) in June, representing an increase both on a monthly and annual basis,...
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up the beleaguered currency in response to last week's credit rating...
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included use of secret hand signals to dupe customers, officials...
Some currency analysts have downplayed fears that the cedi has commenced its losing streak against major trading currencies following two weeks of instability. The cedi’s performance against the...
Big falls on US stock markets have dragged down Asian shares over fears the political controversy surrounding President Trump will blunt his ability to deliver tax and regulatory reform. Wall...
The cedi outperformed the U. S dollar and the euro but depreciated versus the British pound at the close of trading in the week ending April 21. It recorded a 1.13 per cent appreciation against the...
The Bank of Ghana has assured the public that it will work harder to stem the volatility in the foreign exchange market to bring about price stability. The Bank of Ghana has assured the public that...
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to trade in currencies of the country of importation to free the pressure on the dollar....
Currency analysts are supporting the Bank of Ghana to intensify its efforts to stabilize the forex market and help forecasting in the market. It follows the central bank’s decision to halt the...
The Public Accounts Committee (PAC) of Parliament is set to commence its public hearings on Tuesday 25 April to consider financial infractions against the Bank of Ghana, Food and Drugs Authority, and...
