Tag: FX

BoG Assures Of Cedi’s Resilience Amid Rising FX Demand

Posted on November 4, 2024 by Cassandra

The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi against major currencies. With the….

Business

Debt Restructuring To Weaken Cedi; BoG Partly To Blame For Cedi Woes – JP Morgan

Posted on October 24, 2022 by Cassandra

Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt would further weaken the Ghana cedi, even if an increase….