The Chief Investment Strategist of Standard Chartered Bank Group, Steve Brice, has backed government’s recent decision to turn to the domestic capital market to raise capital by issuing its debut...
HSBC China announced on Friday that it has been approved to be one of the first market makers for direct trading of the Chinese currency Renminbi (RMB) against the Canadian dollar in the inter-bank...
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against the dollar in the short to medium term following the election of a new President...
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against the dollar in the short to medium term following the election of a new President...
Chinese exporters have remained calm after the US presidential election result, saying they had prepared for inevitable exchange rate fluctuations, and see little impact on China’s exports to the...
Ever heard of the currency Pula? Well it’s one of the best performing and valuable currencies in Africa from the SADC of the south of Africa. What makes an economy robust that is stable and...
Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but bankers said that was because years of dollar shortages had starved the market of...
The flag bearer of the Progressive People’s Party (PPP) Dr. Papa Kwesi Nduom has condemned the current and previous governments for resorting to the Bretton Woods institutions to cushion the...
Ghana does not need the International Monetary Fund (IMF) for economic success and a Progressive People’s Party (PPP) administration will cause a turnaround in the country’s economy without the...
Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The move saw the Egyptian pound crash 48% against the U. S. dollar, but should mean the...
The activities of speculators which cause the cedi to depreciate against some major trading currencies may have minimal impact on the currency as the elections approach. This is the position of some...
Domestic airline operators in the country have appealed to the Central Bank of Nigeria (CBN), to allot the local industry at least $50million grant from the foreign exchange (forex) special...
Finance Minister, Seth Terkper, has acknowledged that despite the cedi’s relative stability this year, stronger measures, beyond the sale of external dollar debt, are required to shore up local...
The Minister of Youth and Sports, Nii Lante Vanderpuye has disclosed that the ministry had to borrow money from a forex bureau to settle the per diem of the national female Under 17 team, Black...
The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal Reserve will raise U. S. interest rates this year and that Donald Trump will not...
Whereas government has given indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s success, some analysts fear it could weaken the cedi and deepen dollarisation...
Whereas the government has given the indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s success, some analysts fear it could weaken the cedi and deepen...
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted at investors resident in Ghana and Ghanaians abroad, has...
The yield on the Government of Ghana 182-day treasury rate edged up by 0.01 per cent to settle at 24.70 per cent at the auction in the week ending September 23. However, the rest of the yields on the...
Barely five months after a currency swap deal between Nigeria and China was enmeshed in controversy, the country’s import profile from the Far-East Asian nation has remained high and intermediated...
