Tag: forex market
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Ghana’s Parallel Dollar Market Thrives Amid Bank Shortages
Businesses across Ghana's major trading centres are increasingly sourcing foreign exchange from informal dealers as persistent dollar shortages in commercial banks drive demand to...
Cedi Trades at GH¢10.95 to Dollar on Interbank Market
The Ghana cedi opened the first week of February 2026 trading at GH¢10.95 to the United States (US) dollar on the Bank of Ghana...
Ghana Cedi Ends 2025 With Strongest Rally in Nearly a Decade
The Ghana cedi is closing 2025 with its strongest year-end performance in nearly a decade, breaking a longstanding pattern of fourth-quarter depreciation that has...
Cedi Maintains Stability Against Dollar During Christmas Week
The Ghanaian cedi held steady on the interbank foreign exchange market during the Christmas week, trading around GHS 11.10 to the US dollar, according...
Policy Analyst Backs BoG’s US$1.15 Billion Forex Intervention Plan
The Bank of Ghana's plan to inject $1.15 billion into the foreign exchange market this month has won backing from policy analyst Steve Manteaw,...
