Cedi weakens further as second quarter FX demand pressures mount
The Ghana cedi continued its downward trend against major trading currencies over the past two weeks, as rising demand for ...
Tag: Forex
BoG mops up GH¢19bn to manage excess market liquidity
The Bank of Ghana (BoG) has absorbed GH¢19.06 billion from the domestic money market through its latest 14-day bill auction. ...
GoldBod’s 20% export proceeds figure ‘materially misleading’ — Chamber of Mines
The Ghana Chamber of Mines has disputed claims attributed to the Chief Executive Officer of the Ghana Gold Board (GoldBod) ...
Stabilise forex, review levies to ease fuel price pressure – Energy analyst
Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, has urged government to prioritise forex stability ...
BoG tightens oversight of foreign bank investment transactions in Ghana
The Bank of Ghana has introduced new guidelines to regulate how foreign banks channel investment funds into the country, in ...
Stop forex injections, allow economy to run – Patrick Boamah to BoG
The Member of Parliament for Okaikwei Central, Patrick Boamah, has called on the Bank of Ghana to suspend its continuous ...
Cedi begins 2026 with 4% depreciation against major trading currencies
The Ghana cedi has begun 2026 under renewed pressure, depreciating by an average of 4% against major trading currencies. Data ...
CID arrests 41, seizes over GH¢1.2m in major forex crackdown
The Criminal Investigation Department (CID) has intensified its crackdown on unlicensed foreign exchange trading, arresting dozens of suspects and confiscating ...
IMF endorses BoG’s tough new forex rules to reinforce Cedi stability
The International Monetary Fund (IMF) has endorsed the Bank of Ghana’s (BoG) latest foreign exchange directives, describing them as a ...
BoG’s remittance oversight a stability measure, not panic response — Atuahene
Banking consultant Dr. Richmond Atuahene has dismissed claims that the Bank of Ghana is acting out of panic following its ...
Forex crunch persists despite Cedi gains — Importers and Exporters raise alarm
The Importers and Exporters Association of Ghana has raised serious concerns over persistent foreign exchange (forex) access challenges, despite the ...
FX violations: BoG orders weekly remittance disclosures from financial institutions
The Bank of Ghana (BoG) has directed all banks, Dedicated Electronic Money Issuers (DEMIs) and Enhanced Payment Service Providers (EPSPs) ...
Okaikwei South MP demands probe into forex shortage
The Member of Parliament for Okaikwei South, Ernest Adomako, has demanded an immediate probe into the shortage of foreign exchange ...
BoG assures traders of adequate forex supply
The Bank of Ghana has moved to calm tensions within the business community, assuring the Ghana Union of Traders’ Association ...
BoG injects $20m into FX market to support 11 BDCs
The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its ...
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