Foreign exchange market

Business

Black Market Is Killing Forex Bureau Business

Mr Chris Addy Andoh, operator of the Kash Forex Bureau in Tema has called on government to control the activities of...

Top Stories

Shippers Appeal For Stable Currency To Aid Business

Shippers have impressed on the government the need to work to maintain the cedi’s stability for the rest of this...

Business

Cedi Ends 1st Quarter At Depreciation Rate of 2.52%

Ghana's local currency, the Ghana cedi ended the first quarter of this year with a depreciation rate of 2.52 per cent...

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...

Headlines

Nigeria’s Central Bank Moves On Forex To Boost Economy

Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the...

Top Stories

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

Tax Cuts Must Drive Exports To Cushion Cedi

President of the Ghana Association of Bankers (GAB) and Chief Executive Officer of Stanbic Bank, Alhassan Andani, says...

Business

West Africa Central Banks To Fight Currency Counterfeiting

Central bankers in West Africa have expressed their commitment to collaborate to fight currency counterfeiting within...

Top Stories

BoG’s 120 Million Dollars Auction Begins Yielding Results

Currency analysts have stated that the Bank of Ghana’s auction of 120 million dollars in the first quarter of this...

Business

BoG, Others Intensify Move To Flash Out Counterfeit Notes

Central banks across the West African sub-region have met to build capacity in fighting fake currency circulation. The...

Top Stories

BoG, Others Intensify Move To Flush Out Counterfeit Notes

Central banks across the West African sub-region have met to build capacity in fighting fake currency circulation. The...

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...

Business

Cedi Stabilises Marginally Over 3-Year Bond Issue, 2017 Budget

Government’s decision to issue a three-year bond last week has helped stabilize the cedi marginally on the interbank...

International

Central Bank of Nigeria Injects $195m Into Forex Market

The Central Bank of Nigeria (CBN) yesterday said it will inject $195 million comprising of $150 million for the...

International

Global Stocks, Dollar Up Slightly As Pivotal Week For Markets Gets Underway

An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a...

Business

Hebron Investments Denies Operating Illegally

Hebron Fin Investments, a company that trades foreign currencies online, has debunked claims by the central bank that...