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Dr Mahamudu Bawumia

“We’ve arrested rapid depreciation of Cedi” – Bawumia

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Dr Mahamadu Bawumia, Vice-President of the Republic of Ghana, has reiterated that the government has ‘arrested’ the rapid depreciation of the Ghana Cedi...
kenyan-1000-shilling-note

Kenyan shilling hits over six months high to the dollar

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The Kenyan shilling made a huge gain against the U.S dollar on Thursday to clock over six months high. The shilling rose...
dollars

Increased supply, dollar decline behind decreasing commodity prices in Egypt

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The Egyptian market is currently seeing an obvious decline in the prices of goods and services for the first time since the liberalization of...
kenyan-1000-shilling-note

Kenyan shilling extends surge against dollar

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The Kenyan shilling extended gains against the U.S. currency on Monday to trade in the 101 level in over five months. The...
kenyan-1000-shilling-note

Kenyan shilling 4-month high against dollar

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The Kenyan shilling sustained an upward trend against the U.S. dollar on Monday and hit four-month high as last week's repeal of a law...
kenya shilling

Kenya shilling slides against dollar in Christmas Eve trading

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Kenyan shilling slid 0.44 percent against the U.S. dollar on the eve of Christmas trading on Monday as demand for the greenback started to...
kenya shilling

Kenyan shilling slides against dollar before May Day

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The Kenyan shilling started the week weaker on Monday against the U.S. dollar as it edged down ahead of the May Day holiday on...
kenya shilling

Kenya shilling firm against dollar but set to fall

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The Kenyan shilling was firm against the U.S. dollar on Thursday but was expected to fall due to rising demand for the greenback by...
kenya shilling

Kenyan shilling closes week higher against dollar as inflows rise

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The Kenya shilling ended the week Friday higher against the U.S. dollar amid increase in inflows from various sectors, including agriculture. The local currency traded...
kenya shilling

Kenyan shilling holds firm against the dollar

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The Kenyan shilling was stable against the U.S. dollar on Thursday as dollar demand from importers remained flat. The shilling traded at an average of...
kenya shilling

Kenyan shilling loses ground as dollar demand rises

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The Kenyan shilling weakened further against the U.S. dollar on Thursday as demand for dollars by retail importers surged. The shilling traded at an average...

JSE closes higher, lifted by a weaker rand

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The Johannesburg Stock Exchange (JSE) gained on Friday as the South African rand tumbled R13.95 to the U.S dollar. The South Africa's unit which was...
kenya shilling

Kenya shilling in major slide as dollar demand swells

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The Kenya shilling declined on Monday as end-month dollar demands from various importers surged considerably. The shilling closed Monday at an average...

COCOBOD Board Chairman Calls for a Review on Construction of Flats for Workers

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The Board Chairman of COCOBOD, Hackman Owusu Agyeman has expressed some misgivings at a multi-million dollar flats under construction in Tema Community 2 to...

Ghana’ President Cuts Sod For Construction Of Power Plant

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President Nana Addo Dankwa Akufo--Addo on Thursday cut the sod for the commencement of the construction of a 400-megawatt power plant expected to address...

India’s Birender Singh pays courtesy call on Education Minister

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The Indian High Commissioner to Ghana, Mr Birender Singh, on Monday paid a courtesy call on the Education Minister, Dr Mathew Opoku Prempeh, to...

2016 Report : 200 Ghanaians Benefited from Dollar Millionaires club

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file image Two Hundred Ghanaians joined the elite class of dollar millionaires in 2016, raising the tally of the High Net worth Individuals (HNWI) with...

Huawei: ‘Video on mobile to be the next trillion dollar market’

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Before the Mobile World Congress 2017 kicks off from Feb. 27 in Barcelona, on Feb. 13, in London, Huawei held a briefing in which...
South africa Currency Rands

17 South African Banks Accused Of Manipulating Country’s Currency Rates

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Global giants Barclays, JP Morgan and HSBC are among 17 banks named as part of the two-year investigation. Banks colluded, using online chat rooms to...
kenya shilling

Kenyan shilling recovers steadying dollar reserves

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Kenya shilling has appreciated slightly against the U.S. dollar in the last one week, putting less pressure on the country's foreign exchange reserves. ...

Bole Chiefs & Residents Angry Over Dollar Power Documentary

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The Secretary to Sindiwura Abbot Mahama (Chief  of Dollar Power area) to the west of Bole, Mr Tahiru Mahama has expressed disappointment over a...

Sluggish U.S. Economic Data Pushes Gold Up

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Gold prices edged up on Monday, propped up by a weaker dollar and sluggish economic data from the United States, while the Lunar New...

Oil Prices Edge Upward On Weak Dollar, Production Cuts

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Oil climbed on Tuesday as a weaker U.S. dollar and production cuts announced by OPEC and other producers buoyed the market, but an increase...

Gold Moves Up Following Stocks, Dollar Weakening

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European shares and U.S. futures slid and the dollar weakened on the first full trading day since Donald Trump’s inauguration as investors awaited more...

Threshold of 7 yuan to dollar not crucial

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  A bank clerk counts 100 yuan banknotes and US$100 banknotes in an outlet of the Industrial and Commercial Bank of China in Huaibei,...
dollar

Dollar changes hands in lower 117 yen zone in early Tokyo trading

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The U.S. dollar changed hands in the lower 117 yen zone early Monday in Tokyo. At 9 a.m., the dollar was quoted...
gold

Gold Sees Little Difference As Dollar Hold Losses

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Gold steadied early Tuesday after rising 0.9 percent in the previous session, as the U.S. dollar held on to losses after bond yields came...

Renminbi gains strength against the US dollar

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YI GANG, vice-governor of the People's Bank of China   The central parity rate of the yuan against the US dollar strengthened on Monday after...
gold

Gold Records Its 9-1/2-month Low on Strong Dollar

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Gold fell 1 percent to its lowest in 9-1/2 months in Asian trade on Friday, heading for a third consecutive weekly decline, on expectations...

Govt applauded for its decision to issue dollar & cedi bonds

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The decision by managers of Ghana’s economy to issue both dollar and cedi denominated bonds has been commended by the Chief Investment Strategist...