Home Search
forex bureaus - search results
If you're not happy with the results, please do another search
Scramble for dollar at forex bureaus increases; panic, speculation worsen cedi depreciation
Joy Business report indicates large corporates that depend largely on dollars for transactions, particularly transfers overseas are scrambling for the US dollars, a situation,...
Licensed forex bureaus not complying with foreign exchange law to be closed down
The Bank of Ghana has indicated it will soon close down licensed forex bureaus that are not complying with the foreign exchange law.
Officials of...
Cedi recovers modestly on external tailwinds; one dollar equals GH¢11.70 at forex bureaus
The Ghana cedi is recovering modestly on external tailwinds and sentiment.
Over the past fortnight, the cedi encountered mild demand-driven pressures in the opening week,...
Cedi records mixed performance but signals rebound; one dollar equals GH¢12.00 at forex bureaus
The Ghana cedi currency showed a mixed performance over the two-week review period, depreciating slightly in the interbank market while strengthening in retail market.
The...
Cedi falls on strong demand amid weak forex support; one dollar equals GH¢12.70 at...
The Ghana cedi depreciated across both the interbank and retail markets last week following strong demand amid weak support for foreign exchange.
It declined in...
BoG revokes licences of 2 forex bureaus
The Bank of Ghana (BoG) has revoked licences of Airport City Forex Bureau within the Atlantic Tower Building and Trade House Forex Bureau at...
BoG assures importers of sufficient forex for Christmas imports
The Bank of Ghana (BoG) has reassured business owners, particularly importers, of sufficient foreign exchange availability to support Christmas importations.
Director of Research at the...
BoG sets up task force to monitor illegal operators in forex market
The Bank of Ghana (BoG) has established a task force to oversee all foreign exchange bureaus.
This was announced by Dr. Ernest Addison, the Governor...
BoG suspends GT Bank and FBN Bank Forex Trading Licenses
The Bank of Ghana(BoG) has suspended the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN),...
Black market cannot dictate forex prices – Akufo-Addo
President Nana Akufo-Addo has described as unacceptable the role of the black market in determining forex prices.
He has warned that government will not tolerate...
Cedi depreciation: BoG Governor to meet banks, Forex Bureau operators
The Governor of the Bank of Ghana (BoG) will on Tuesday meet managers of banks and operators of Forex Bureaux to address the depreciation...
Report to FIC all sales, purchases of foreign currencies with threshold of GH¢20,000 –...
The Bank of Ghana has urged all forex bureaus to report to the Financial Intelligence Center (FIC) all sales and purchases of foreign currencies...
At the time you left office, cedi had suffered a catastrophic collapse – Kwakye...
Minister for Government Communications, Felix Kwakye Ofosu, has criticised the Minority for attempting to distance themselves from the sharp depreciation of the Ghanaian Cedi...
Cedi crosses GH¢11 to US dollar amid supply pressures
The Ghana cedi has crossed GH¢11 to the US dollar, according to commercial bank quotes.
Checks by Joy Business show that while some banks are...
2025 Budget: Gov’t outlines cedi stabilisation plan
The Bank of Ghana (BoG) is set to introduce new measures to stabilize the cedi and reduce exchange rate volatility.
Finance Minister Dr. Cassiel Ato...
Don’t panic; BoG has adequate reserves to support cedi – Finance Minister assures businesses
Finance Minister Dr Mohammed Amin Adam has reassured businesses and market stakeholders, stressing that the Bank of Ghana (BoG) holds sufficient dollar reserves to...
Fuel price reduction: Diesel at GH₵12.55, petrol GH₵13.27 a litre
Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, September 16, 2024.
Star Oil Ghana is selling...
Cedi hits GH¢16 to a dollar on retail market
The Ghana cedi has hit the GH¢16 mark to a dollar on the retail market after weeks of relative stability.
This is how much most...
All People’s Congress kicks off election 2024 campaign in Bawku
The leader and founder of the All People's Congress (APC), Hassan Ayariga, has unveiled a new initiative aimed at empowering graduates to start their...
Election 2024: I can revive depreciating cedi – Alan Kyerematen
The Founder and Leader of the Movement for Change, Alan Kyerematen, has linked the depreciation of the Ghana Cedi to systemic deficiencies and a...
Don’t provoke traders – GUTA tells Stephen Amoah over depreciation comments
The Ghana Union of Traders Association (GUTA) has warned Deputy Minister of Finance, Dr. Stephen Amoah against making statements that could incite the trading...
Cedi depreciation: GUTA president sends important message to BoG
President of the Ghana Union of Traders Association (GUTA), has called on the Bank of Ghana (BoG) to relax the stringent documentation requirements businesses...
Cedi fall: Abossey Okai spare parts dealers to increase prices
The Abossey Okai Spare Parts Dealers Association has announced a potential price increase starting next week due to the depreciation of the cedi.
Customers should...
Cedi hits GH¢14.00 to a dollar; depreciates 12.08%
The Ghana cedi has hit GH¢14 to a dollar as the depreciation pressures continue unabated.
This has culminated in its year-to-date loss of about...
Cedi depreciates 8.63% to dollar since January 1, one dollar going for GH¢13.60
The Ghana cedi has lost 8.63%in value to the dollar since the beginning of 2024 as pressure continues to mount on the local currency.
Bloomberg...
Cedi crosses $13 mark
The Ghana cedi crossed the $13 mark as the depreciation of the local currency continued on February 28, 2024.
Most forex bureaus according to checks...
Cedi inches closer to GH¢13 to a dollar as depreciation continues unabated
The Ghana cedi is inching closer to GH¢13.00 to one US dollar barely two months into 2024 as the depreciation of the local currency...
Cedi continues strong performance; $1 now ¢10.80
The Ghana cedi continued its strong run against the US dollar today, April 4, 2023, as it sold below ¢11.
Checks by Joy Business at...
Cedi starts week on strong note; $1 now ¢11.50
The Ghana cedi started this week on another strong note against the US dollar.
Checks by Joy Business at some forex bureaus indicate that the...
Cedi improves in value against dollar; $1 now ¢12.40
The Ghana cedi continued its strongest performance against the dollar in recent weeks, as the local currency improved in value against the American today,...
Cedi strengthens in value by almost 3% to a dollar
The Ghana cedi strengthened in value by almost 3% to one US dollar this week.
This is coming after it had depreciated by about 1.98%...
Cedi falls, $1 now ¢12.90
The recent gains by the Ghana cedi has come to a halt as the local currency lost some stability to the US dollar today...
Good news as $1 now ¢10.40
The Ghana cedi continued its recent gain against the US dollar, starting the week on a positive note.
Checks by Joy Business at the forex...
There will be more pressure on cedi if … – World Bank warns
The World Bank has warned that the Ghana cedi may continue to come under pressure in 2023 against the U.S dollar.
This, the World Bank...
Cedi depreciates marginally to sell at ¢12 to a dollar
The Ghana cedi is now selling at ¢12 to the US dollar in the retail or forex market, following days of sustained stability.
This is...
Cedi records relative stability; going for ¢11.50 to a dollar in retail market
The Ghana cedi has recorded relative stability to the dollar and all the other major currencies this yuletide period.
The local currency is hovering around...
Cedi continues recent gains; 1$ now ¢9.2
The Ghana cedi continued its recent gains against the US dollar and the euro today, December 19, 2022.
This is coming after recording its biggest...
Cedi appreciation only short term, dollar may will rise again – Economist
Economics lecturer at the University of Ghana, Dr Priscilla Twumasi Baffour, has stated the reasons behind the stabilisation of the Ghana cedi against the...
Cedi now ¢11.50 to $1
The Ghana cedi has ramped up in value against the dollar after appreciating by more than 20% in less than two weeks.
Ghana’s currency enjoyed...