After the government presented its fiscal policy for 2020 to Ghana’s parliament (in which the government intends to raise GHC 67.1 billion from revenues and grants and spend GHC 85.9
Currency News For November 11th, 2019
The Ghanaian Cedi posted a mixed performance against its three major trading partner currencies at the start of the week ahead of the presentation of the 2020 budget statement and
Currency News For November 4th, 2019
At the start of the week, the Ghanaian Cedi remained under pressure as it recorded week-on-week losses against its three major trading partner currencies on both the Bank of Ghana
Currency News For October 28th, 2019
The Ghanaian Cedi began the week dipping to an all-time low against the US Dollar on the Bank of Ghana (BoG) inter-bank trading platform as businesses decry the continuous and
Currency News For October 21st, 2019
The Ghanaian Cedi at the start of the week extended its losing streak as it fell against all three major trading partner currencies on the Open Forex Market (oanda.com). On
Currency News For October 14th, 2019
After posting a brief recovery supported by an announcement by the Bank of Ghana (BoG) to commence forward forex auctions, the Cedi fell against its three major trading partner currencies
Currency News For October 7th, 2019
After a brief recovery, the Ghanaian Cedi failed to build on previous week’s gains as it lost momentum at the start of the week and erased part of its gains
Currency News For September 30th, 2019
The Ghanaian Cedi at the start of the week gained momentum to post gains against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading
Currency News For September 24th, 2019
After Ghana’s economy recorded its slowest growth for the third consecutive time since the third quarter of 2018, the Cedi fell against all its trading partner currencies on both the
Currency News For September 16th, 2019
A rush for safe-haven assets and currencies following global uncertainties fuelled by attacks on Saudi Arabian refining facilities sent the Cedi tumbling against some of its major trading partner currencies.
Currency News For September 9th, 2019
Ahead of a Monetary Policy Committee (MPC) meeting to review recent economic developments to enable the MPC to position the policy rate going forward, the Cedi fell against all its
Currency News For September 2nd, 2019
The Ghanaian Cedi at the start of the week posted a mixed performance against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform