Fitch Solution, an international rating agency, says French banks exit from Africa will create more opportunities for local banks. The rating agency said their exit could potentially spur growth and….
Fitch Solutions is forecasting an end-year cedi to dollar rate of GH¢12.25 to one US dollar, arguing the the Ghanaian cedi will recoup some of its recent losses in the….
Fitch Solutions is projecting an average inflation of 19.0% for Ghana in 2024. This is lower than the International Monetary Fund’s 22.3%. According to the London-based firm, the lower inflation….
Rating agency, Fitch, is predicting a favorable outlook for banks operating in Ghana in 2024. This follows the successful conclusion of the domestic debt exchange which most banks were negatively….
The cedi will remain stable against the US dollar in the near term as the upgrade in Ghana’s rating by Fitch Ratings is expected to positively impact sentiments around the….
Ratings agency, Fitch, is predicting an increase in the Bank of Ghana’s foreign reserves to $7.7 billion in 2025, from $4.4 billion in 2022. This will put the import cover….
The US government’s credit rating has been downgraded following concerns over the state of the country’s finances and its debt burden. Fitch, one of three major independent agencies that assess….
Fitch Ratings has disclosed that global growth is showing near-term resilience but core inflation remains stubbornly high. In its n its June Global Economic Outlook (GEO), it said central banks….
Rating agency, Fitch, has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. It also affirmed the bank’s National Long-Term Rating at ‘A+(nga)’ and….
Global trade is now slowing sharply after a rapid post-pandemic recovery in 2021 and 2022, Fitch Ratings has revealed in a new report. Monetary tightening, fading fiscal support and service….
