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The Ghana cedi lost 0.48% to the dollar last week, increasing its year-to-date loss to 1.27% with just 13 days into 2025. Cedi loses grounds against dollar, but records gain against pound; one dollar equals GH¢15.85 The local currency closed closing at a mid-rate of GH¢15.68 to one American greenback.Continue Reading

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The Bank of Ghana (BoG) has cautioned authorized foreign exchange (FX) brokers against breaching the Ghana Interbank FX Market Conduct Rules. It warns that violations will attract severe penalties, including potential revocation of authorisation. This comes as the central bank authorizes 15 brokers to operate in the interbank forex marketContinue Reading

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