Tag Archives: exchange

Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has stated that Ghana’s foreign exchange market has regained stability, with commercial banks now taking a leading role in driving trade activities instead of the central bank. Speaking in an interview with the International Monetary Fund (IMF) during the ongoing …

  The International Monetary Fund (IMF) has urged the Bank of Ghana (BoG) to reduce its interventions in the foreign exchange market to allow for greater exchange rate flexibility. In its post-review statement, IMF’s Deputy Managing Director Bo Li said “The authorities have made significant strides toward rebuilding international reserves …