Foreign exchange market

Top Stories

HSBC Gets Approval For RMB-CAD Trade

HSBC China announced on Friday that it has been approved to be one of the first market makers for direct trading of the...

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...

Top Stories

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...

Top Stories

Exporters Expecting Volatile Forex Rates

Chinese exporters have remained calm after the US presidential election result, saying they had prepared for inevitable...

Opinion

The Robust Botswanas Economy To GhanasFrail

Ever heard of the currency Pula? Well it’s one of the best performing and valuable currencies in Africa from the SADC...

International

Dollar Shortage Stifles Trade In Newly Floated Egyptian Pound

Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but bankers...

Top Stories

Ghana Doesn’t Need IMF, World Bank – Nduom

The flag bearer of the Progressive People’s Party (PPP) Dr. Papa Kwesi Nduom has condemned the current and previous...

Top Stories

PPP Won’t Run To IMF For Bailout

Ghana does not need the International Monetary Fund (IMF) for economic success and a Progressive People’s Party (PPP)...

International

How Egypt Currency Crash By 48%

Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The move saw...

Business

Election Blues To Impact Cedi Minimally – Analyst

The activities of speculators which cause the cedi to depreciate against some major trading currencies may have minimal...

International

Nigeria Domestic Airlines Seek $50m Grant From CBN’s Forex Window

Domestic airline operators in the country have appealed to the Central Bank of Nigeria (CBN), to allot the local...

Politics

Cedi Stability Requires Export-Driven Boost – Terkper

Finance Minister, Seth Terkper, has acknowledged that despite the cedi’s relative stability this year, stronger...

Sports

We Borrowed From A Forex Bureau To Pay Maidens

The Minister of Youth and Sports, Nii Lante Vanderpuye has disclosed that the ministry had to borrow money from a forex...

International

Dollar At Nine-Month High On Bets For Fed Hike, Clinton Victory

The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal...

Business

Local USD-Bond Could Foster Dollarisation

Whereas government has given indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s...

Business

Local USD-Bond Could Foster Dollarization – Analysts Warn

Whereas the government has given the indication it will do more of the domestic dollar-bonds, on the back of the maiden...

Business

Local Investors Lap Up First USD Bond

The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by...

Business

Benchmark Rate Inches Up

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...

International

Nigeria Forex Crisis and Unfinished Naira-Yuan Swap Deal

Barely five months after a currency swap deal between Nigeria and China was enmeshed in controversy, the country’s...