Tag: Currency depreciation
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Former BOST MD Defends Gold for Oil Policy Despite Forex Losses
Amid intense scrutiny following the Bank of Ghana's report of significant losses under the Gold for Oil (G4O) policy, former Bulk Oil Storage and...
Former Bank of Ghana Governor Faces Lawsuit Over Currency Depreciation
A private citizen has filed a lawsuit against the Bank of Ghana and its former Governor, Dr. Ernest Addison, alleging gross negligence in managing...
Ghanaian Trade Unions Urge Government Action on Currency Depreciation Concerns
A total of seven trade unions in Ghana on Monday called on the government to reverse the depreciation of the local currency to protect...
Angola’s central bank raises inflation expectations due to currency depreciation
The Monetary Policy Committee with the National Bank of Angola (BNA), the country's central bank, announced Friday in a statement that it had revised...
Digital payments can help mitigate currency depreciation – Oakwood Green CEO
Ghana’s exchange rate pressures can be lessened through intra-African trade on digital payment platforms, the Chief Executive Officer (CEO) of Oakwood Green Africa, Mr...
