Cedi tumbles to 11.95 per dollar as import demand drains forex reserves
Ghana's cedi depreciates to 11.95 per dollar as import demand outpaces interbank forex supply; stabilisation measures expected ahead.
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Ghana's cedi depreciates to 11.95 per dollar as import demand outpaces interbank forex supply; stabilisation measures expected ahead.
General News
The Ghanaian cedi has depreciated 1.86% in July and faces continued pressure into August as businesses stockpile imports ahead of the festive season.
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Finance analyst warns Ghanaians of serious privacy risks from unlicensed digital lenders operating from abroad, urging use of Bank of Ghana-regulated providers.
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Bank of Ghana urges stronger collaboration to combat rising digital fraud as financial crime shifts online.
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Bank of Ghana warns of alarming rise in online financial crime as digital transactions become dominant payment method.
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Central bank warns Ghanaians to steer clear of unlicensed digital lenders and report suspicious operators immediately.
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BoG imposes one-year credit ban for repeat dud cheque offenders, with levies rising to 20% of cheque face value.
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BoG warns cheque issuers of 20% penalties, credit blacklisting and three-year banking restrictions for dishonoured payments.
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BoG Governor Dr Johnson Asiama announces imminent guidelines for virtual asset businesses, establishing formal licensing pathway for cryptocurrency service providers.
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Government raises GH¢3.15bn from latest Treasury bond auction amid sustained investor appetite for medium-term securities.
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BoG warns public that misusing cedi notes—including spraying at events and creating money decorations—risks arrest, fines or jail time.
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Borrowing costs have plummeted by over 11 percentage points in a year as Ghana's inflation crisis dramatically reverses, offering relief to businesses and households.
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