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BoG has strong buffers to support Cedi — Governor

BoG has strong buffers to support Cedi — Governor
graphic.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from graphic.com.gh Daily Mail and Mail on Sunday newspapers.

United-states , Accra , Greater-accra , Ghana , Ernest-addison , Governor-of-the-bank , Monetary-policy-committee , International-monetary , Bulk-oil-distribution-companies-bdcs , World-bank , Domestic-gold-purchase-programme , Budget-support

Analysis: Cedi to struggle against US dollar as demand pressures heighten

As the Bank of Ghana prepares to auction $120 million to Bulk Oil Distribution Companies (BDCs) in the second quarter of 2024, ongoing dollar demand from local businesses, particularly in the energy, pharmaceuticals, traders, and manufacturing sectors, could cause the depreciation of the Ghana cedi to persist this week.

Ghana , Accra , Greater-accra , Ghanaians , Ghanaian , Bulk-oil-distribution-companies-bdcs , African-development-bank , World-bank , Bulk-oil-distribution-companies , West-african , African-development

US$120 million to be auctioned to BDCs in Q2 2024

US$120 million to be auctioned to BDCs in Q2 2024
ghanaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaweb.com Daily Mail and Mail on Sunday newspapers.

Ghana , Bulk-oil-distribution-companies-bdcs , Central-bank , Bulk-oil-distribution-companies , Forex-forward-auction-calendar , Forward-auction ,

US$120m to be auctioned to BDCs in 2nd Quarter of 2024

US$120m to be auctioned to BDCs in 2nd Quarter of 2024
ghanaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanaweb.com Daily Mail and Mail on Sunday newspapers.

Ghana , Central-bank , Bulk-oil-distribution-companies-bdcs , Bulk-oil-distribution-companies , Forex-forward-auction-calendar , Forward-auction ,

BoG to auction $120m to BDCs in quarter 2, 2024

According to its Forex Forward Auction Calendar, $40 million will be sold to the BDCs in each month of quarter two, 2024.

Ghana , Bulk-oil-distribution-companies-bdcs , Central-bank , Bulk-oil-distribution-companies , Forex-forward-auction-calendar , Forex-forward-auction ,

BoG releases Q1 Forex Forward Auction Calendar for BDCs — $120m to be auctioned in six equal instalments

BoG releases Q1 Forex Forward Auction Calendar for BDCs — $120m to be auctioned in six equal instalments
graphic.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from graphic.com.gh Daily Mail and Mail on Sunday newspapers.

Ghana , United-states , Sandra-thompson , Bulk-oil-distribution-companies-bdcs , Forward-auction-calendar , Forex-forward-auction , Bulk-oil-distribution-companies , United-states-dollars , Ghana-cedis ,

BoG to auction $120m to BDCs in quarter 1, 2024

According to its Forex Forward Auction Calendar, $40 million will be sold to the BDCs in each month of quarter one, 2024.

Ghana , Central-bank , Bulk-oil-distribution-companies-bdcs , Bulk-oil-distribution-companies , Forex-forward-auction-calendar , Forex-forward-auction ,