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Available Markets to Trade

With a variety of instruments available to market participants, it’s a broker’s responsibility to provide individual and unsophisticated traders with comprehensive information on the...
Ernest Addison

Ghana launches new matching platform to improve forex trading

Ghana will collaborate with a global matching firm Refinitiv to ensure stability and transparency in the foreign exchange (forex) market operations, officials have said. ...

CBN to severely punish banks hoarding forex

The Central Bank of Nigeria (CBN) Friday said it is reviewing ways to toughen sanctions against financial institutions in the country that hoards foreign...

Nigeria’s apex bank injects US$364 million into forex market

Nigeria's apex bank has intervened in the Inter-Bank market to the tune of 364 million U.S. dollars to sustain liquidity in the Foreign Exchange...

Kenya to enact law to regulate online forex trading

Kenya is fast tracking the enactment of laws to regulate online foreign exchange (forex) trading, officials said on Tuesday. Capital Markets Authority...

Chinese banks’ net forex sales climb

Chinese banks continued to see net foreign exchange sales in November, and the volume expanded, signaling increased capital outflows. The State Administration of Foreign Exchange....

Chinese Forex Reserves Kept Slipping in November

China's foreign exchange reserves fell for the fifth straight month in November, the country's forex regulator said Wednesday. Foreign exchange reserves stood at 3.05 trillion...

BoG Out With New Forex Rules

The Bank of Ghana (BOG) has come out with new regulations to govern the conduct of competitive multiple-price foreign exchange (FX) auction to allocate...

Exporters expecting volatile forex rates

Chinese exporters have remained calm after the US presidential election result, saying they had prepared for inevitable exchange rate fluctuations, and see little impact...

China forex reserves fall for 4th straight month

China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12...

China says no new restrictions on forex trading

China's foreign exchange regulator has dismissed reports of tightened controls over forex sales, saying no new restrictions have been adopted on currency exchange or...
Blackwell Global

Ghanaians to take advantage of forex training

The training programme provides experience unparalleled academic support with invaluable advice from experienced market strategists. Mr Collins Udolu, the Director of...
Dr Senzu at the news conference

City-Klass & Bastiat Ghana Opens Lecture On Forex Trading

The conference, indicated that forex and commodity trading are profitable ventures, hence the need for the citizenry to invest time and knowledge for job...
Henry Wampah, Bank of Ghana Governor

Local oil & gas service providers unhappy with BoG forex rules

GOGSPA say the regulations by the Central Bank are too draconian for the indigenous Ghanaian businesses, especially for those in the oil and gas...
Mr John Awuah, UMB CEO addressing guests at the trade business seminar

UMB provides SMEs with tools to grow their businesses

A statement issued by the Bank in Accra and copied to the Ghana News Agency on Tuesday said the event which was held on...
kenya shilling

Kenya’s central bank vows to stabilize shilling

CBK Governor Patrick Njoroge told a media briefing in Nairobi that the value of the local currency has been declining partly due to indiscipline...

Buhari demonstrates plans to fight corruption

Since his assumption of office on May 29 this year, President Muhammadu Buhari, PMB has not left anyone in doubt that he is truly...

China Places Checks On Overseas Funding

Beijing has eased the restrictions on Chinese companies seeking to raise funds overseas, after a record monthly decline in China?s foreign exchange reserves in...

Bank of Uganda and Forex Bureaus Signs MoU

Bank of Uganda This follows the signing of a Memorandum of Understanding (MoU) between Central Bank deputy governor, Louis Kasekende and Lamech Kiiza, the...

CBK puts inplace strategies to Safeguard shilling and forex trade

Central Bank of Kenya Governor Patrick Njoroge This is after the Central Bank of Kenya (CBK) set the minimum size for foreign exchange transactions...

Appreciation of the Cedi sends forex market crashing down in losses

The daily injection of some $20 million into the forex market by the Central Bank, which has strengthened the local currency against major foreign...

BoG Moves To Network Forex Bureaus

Dr. Benjamin Amoah In an attempt to plug foreign exchange leakages and improve the supply of foreign exchange in the country, the Bank of...
Wpid Currency

Foreign currency accounts to stay intact

The Bank of Ghana has clarified its earlier directives regarding the rules on the operation of Foreign Exchange Accounts and Foreign Currency Accounts announced...

Precise FX To Generate Wealth Through Forex Trading

A wholly owned Ghanaian Forex Broker, Precise FX  has commissioned its offices at the A & C Square in Accra. A statement from the company,...

CBN Says Volume of Forex Sold Dropped by $78.43 m

The Central Bank of Nigeria (CBN) said on Monday that it sold 221.57 million dollars (N3.4 billion) worth of foreign exchange at its...

Nigeria?s Had Sold $3.02 in Foreign Exchange

Nigeria's foreign exchange reserves fell 0.16 percent month-on-month to $48.33 billion by June 24, the lowest level in more than three months, data...

Man Goes To Jail For 40 Years For Robbing A Forex Bureau

An Accra Circuit Court on Monday sentenced a 23-year-old second hand clothes dealer, Salu Abu, to 40 years imprisonment for attempting to rob at...

Forex reserves hit $42 billion

Foreign exchange reserves jumped to $42.02 billion by October 17, their highest in 32-months and an increase of 3.11 percent, month-on-month, latest figures...

Maximize Your Return On Investments With Stocks, Futures And Forex Trading Software

There are many different markets an investor could take benefit of when it comes to the possibilities of economical investment. Success in any of...

Savings & Loans companies want to deal in Forex

The Ghana Savings and Loans Association (GHASALC) want the Bank of Ghana (BoG) to remove restrictions which prevent its members from dealing in foreign...