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Ghana

Tag: Foreign Exchange

The Christian Council of Ghana (CCG) has reinforced calls for a more robust national response to illegal mining, widely known as galamsey, as it prepares to roll out a new Environmental Care and Cleanliness (ECC) Programme. The...
The Minority in Parliament has raised fresh concerns about the financial stability of Ghana’s power sector, revealing that the government owes more than $700 million to Independent Power Producers (IPPs) and fuel suppliers. Addressing the media on...

Africa Policy Lens Slams BoG’s Directive on Foreign Currency Payments to Corporates

Policy think-tank, the Africa Policy Lens (APL), has described as “draconian and regressive” the Bank of Ghana’s new directive restricting foreign currency (FCY) cash...

World Bank Warns BoG Against Excessive FX Interventions

The World Bank has cautioned the Bank of Ghana (BoG) against excessive foreign exchange (FX) interventions, warning that such actions could distort market dynamics...

Cedi No Apicki But Abochi Has The Dollar – Minority

The Minority in Parliament has slammed government claims of a recovering Ghanaian cedi, warning that the reality in the foreign exchange (FX) market contradicts...

Bank of Ghana Injects $1.4 Billion in FX Market In First Quarter, IMF Warns of Risks

The Bank of Ghana (BoG) sold a staggering $1.4 billion in foreign exchange during the first quarter of 2025, surpassing its entire 2023 intervention...

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