Search

Ghana’s Cedi Gains as Central Bank Intervenes

  • Cedi appreciates against major currencies as Bank of Ghana tightens forex market controls
  • Measures include forex payment streamlining and crackdown on illegal currency operators

 

Accra, Ghana – Ghana’s embattled cedi has found some respite after weeks of turbulence, as a series of measures by the Bank of Ghana to boost foreign exchange reserves and tighten controls in the forex market appear to be bearing fruit.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Egypt Secures $100 Million Islamic Bank Financing to Boost Private Sector Growth
Read More »
breaking_news
Ghana’s Inflation Declines for First Time in Five Months
Read More »
generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »

Recent Politics

generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »
breaking_news
ECOWAS to Maintain Trade Ties with Burkina Faso, Mali, and Niger
Read More »
Ethiopia, Tigray Valley, day life
Cash Withdrawals Surge in Tigray Amid Instability Fears
Read More »

Latest Posts

Latest news insights