Tag: foreign exchange
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Bank of Ghana Warns Against Speculation on Cedi
The Bank of Ghana has urged banks, importers and investors not to bet against the cedi, insisting the economy's fundamentals remain strong despite renewed...
Naira Holds Steady Near 1,373 As Spread Narrows
The Nigerian naira held steady against the United States dollar on Tuesday, trading near 1,373 officially as the gap with the parallel rate narrowed...
Absa Bank Ghana Hosts Risk Management Seminar for Businesses
Absa Bank Ghana has brought together business and commercial banking clients for a Risk Management Seminar focused on navigating foreign exchange, interest rate and...
Congo Central Bank Adopts Bloomberg Platform for FX Transparency
The Central Bank of Congo (BCC) has selected Bloomberg's BMatch solution to electronify its interbank foreign exchange (FX) market, joining a growing list of...
Cedi Slips as Markets Await IMF Review Outcome
The Ghanaian cedi weakened mildly against major foreign currencies over the past two weeks as markets position ahead of the outcome of Ghana's sixth...
