Ghana’s local currency, the cedi, is maintaining its upward trajectory against major trading currencies, particularly the US dollar, at various forex bureaus. At the close of…
Browsing: Bank of Ghana
The debt spiked up in the full year of 2020 due to the covid-19 impact on the economy, which resulted in increased borrowing from the Bretton Wood Institutions, as well as the African Development Fund.
The Bank of Ghana is keeping its interest rate unchanged at 14.5%. This comes after it concluded a $1 billion repo facility with the U.S. Federal…