ALL POSTS FILED UNDER: DOLLARS
BoG’s supply of dollars to BDCs drops from 85% to 21% – CBOD
Add a CommentThe Ghana Chamber of Bulk Oil Distributors (CBOD), has called on other players in the foreign exchange supply market to step up their efforts to ensure the demand for US Dollars by Bulk Distributing Companies (BDCs) is met. This, according … Read more →
BoG warns businesses, individuals who charge in dollars
Add a CommentFollowing a recent publication of a photo showing a shop attendant accepting dollars in exchange for goods at a shop in Accra, the Bank of Ghana (BoG) has moved to enforce the regulations that bar trading in foreign currencies in Ghana. Officers from … Read more →
There’s more dollars to stabilize cedi – Bank of Ghana
Add a CommentGovernor of the Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku is asking businesses not to panic over the current challenges facing the cedi. The local currency over the past three weeks has witnessed some consistent decline in value with the … Read more →
BoG releases more dollars to stem cedi fall
Add a CommentThe Bank of Ghana (BoG) has started releasing more dollars onto the market to help halt the cedis’ depreciation. The BoG took the decision after a meeting with the commercial banks in the country last Friday. The regulator was also … Read more →
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