Tag: dollar
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Cedi Trades at GH¢10.95 to Dollar on Interbank Market
The Ghana cedi opened the first week of February 2026 trading at GH¢10.95 to the United States (US) dollar on the Bank of Ghana...
Naira Holds Steady as Black Market Premium Persists
Nigeria's currency maintained its footing at the official foreign exchange market on Friday, October 24, even as street traders continued quoting significantly higher rates...
Corruption Goes Dollarised as Bribes Shift to Foreign Currency
Senior Advocate of Nigeria Femi Falana has raised concerns about the increasing use of US dollars for corrupt payments, warning that the dollarisation of...
Ghana Cedi Weakens Against Dollar Despite Annual Gains
Ghana's cedi declined 0.25% against the US dollar on September 9, 2025, trading at 12.1100 as import demand and retail currency purchases continued pressuring...
Global Market Turmoil Sends Warning Signals for Ghana Economy
World financial markets opened September with unprecedented volatility that could have far-reaching consequences for Ghana's economic recovery efforts under its International Monetary Fund program.
The...
