Tag: forex market
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Economist Questions Sustainability of Cedi’s Appreciation
Professor Isaac Boadi, Executive Director of the Institute of Economic Research and Public Policy (IERPP), has cast doubt on the drivers behind the Ghanaian...
Bank of Ghana Blacklists Ten Unlicensed Money Transfer Firms
The Bank of Ghana (BoG) has issued a public warning against ten unapproved money transfer organizations operating illegally within the country’s remittance and foreign...
Ghana’s Dual Exchange Rate System Explained: Why Forex Bureaus Charge More
Ghana's foreign exchange market currently operates on a dual pricing system, with commercial banks offering dollars at approximately 10.30 cedis while forex bureaus sell...
Ghanaian Cedi Maintains Stability Against Major Currencies
The Ghanaian cedi has demonstrated sustained stability in foreign exchange markets, trading at GH¢10.24 to the US dollar on Thursday, June 12, 2025, according...
Ghana Cedi Rebounds to ¢12.33 Against US Dollar
The Ghanaian cedi has strengthened significantly, trading at ¢12.33 to the US dollar according to Bank of Ghana data released Monday.
This marks a notable...
