Tag: Forex
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Economist Defends BoG’s Forex Intervention Pullback as Reserves Strategy
A leading economist has backed the Bank of Ghana's decision to scale back foreign exchange market interventions, arguing that continuous dollar injections would dangerously...
Cedi Hits GH₵11.60 Against Dollar as Pressure Mounts
Ghana's currency has depreciated to GHC11.60 against the US dollar on the interbank market, according to the Bank of Ghana's latest reference rates published...
Fuel Prices Expected to Jump This Week Amid Currency Pressures
Ghanaians face another round of fuel price increases this week as currency fluctuations and international market dynamics force Oil Marketing Companies to adjust pump...
Global Trading Patterns Shift as Volatility Spikes During Market Overlaps
Financial markets are witnessing increased volatility during overlapping trading sessions, with the London-New York window producing the most dramatic price swings as traders adapt...
Forex Crisis Enables Port Cartels, Trade Body Warns
Ghana's foreign exchange shortage has created opportunities for politically connected groups to exploit cargo auctions at the country's ports, according to the Importers and...
