Tag: foreign exchange

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Bank of Ghana Locks Down Vostro Accounts to Investment Use Only

The Bank of Ghana (BoG) has issued sweeping new rules restricting the use of Vostro accounts held by non-resident banks to investment transactions only,...

Cedi Holds Depreciation Trend Through Mid-April

Ghana's cedi closed the first two weeks of April with a continued but contained slide against major trading currencies, with the latest Bank of...

BoG Targets Offshore Cedi Flows in Renewed Push for FX Stability

Central bank pairs exchange-rate measures with broader regulatory crackdown as cedi holds near GH¢10.95 The Bank of Ghana (BoG) says it is tightening oversight of...

C-NERGY Warns Ghanaians’ Dollar Hoarding Habit Threatens Cedi Gains

Ghana's cedi may have staged its most dramatic recovery in a generation last year, but a leading policy think tank is warning that the...

Iran War Oil Risk Could Undo Cedi Gains, C-NERGY Warns

Policy think tank C-NERGY has warned that Ghana's hard-won currency stability faces a serious external threat from rising global oil prices linked to the...

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