Dollar Shortage Hits Forex Market, Cedi Depreciation Nears ¢10 Mark
Dollar shortage has hit the forex market as the rate of depreciation of the Ghana cedi nears GH¢10 to one US dollar. Checks with some banks and forex bureau by….
Tag: CEDI
BoG increases Policy Rate To 22%; Cost Of Borrowing To Shoot Up Significantly
The Bank of Ghana has increased the policy rate by 300 basis points to 22%, after an Emergency Monetary Policy Committee meeting today, August 17th, 2022. The move is part….