Bank of Ghana
Ghana concludes deal for start of gold-for-oil policy, according to Bawumia
D Bawumia has disclosed that Ghana has secured a deal for the start of novel gold-for-oil barter. First batch of oil under the deal will arrive in January 2023.
Cedi depreciates slightly against dollar, big gap between forex and BoG rates confuses many
The Ghana cedi seems to be depreciating again against the US dollar on Wednesday, December 21, 2022, triggering concerns from market watchers and general public
Payments company Wise suspends cedi transfers amid rapid appreciation
Wise has temporarily suspended transfers the Ghana cedi following currency’s rapid appreciation against the dollar and other major foreign currencies this week.
Experts forecast worse times for cedi despite ‘magical’ appreciation against dollar
Bright Simons, Prof Bokpin and Mr Darkwa believe the rapid rise of the Ghana cedi against the dollar is artificial and have warned against early celebration.
BoG cites IMF deal among 3 reasons for cedi’s impressive appreciation
The Bank of Ghana has cited 3 reasons for the cedi’s impressive appreciation against the United States dollar and other trading currencies in recent times.
“Economic Maguire” & Ofori-Atta secure win for cedi against dollar after IMF staff-level deal
Finance minister Ken Ofori-Atta and Dr Mahamudu Bawumia have been lauded for major appreciation of the Ghana cedi against the US dollar in the recent times.
Ato Essien pleads guilty to charges; to be convicted on his own plea
The legal tussle between former CEO of now defunct Capital Bank, Ato Essien, and the state has come to end as he pleads guilty to charges brought by the state.
Social media videos capture thick smoke from suspected fire at Bank of Ghana
Social media has been inundated with short, amateur videos of thick smoke billowing from the Bank of Ghana headquarters in Accra. Details are scanty so far.
Cedi flexes muscles; Appreciates against USD after debt exchange announcement
The cedi has approciated against the US dollar following the domestic debt exchange announcement by finance minister Ken Ofori-Atta. It's gained some 4% so far.
Bank of Ghana
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