Dollar Auction Will Be Productive If …

The Managing Director of CAL Bank, Frank Adu Junior, has called for a proper assessment of the Bank of Ghana’s new process of releasing dollars to banks through auctioning. The Central Bank, on Wednesday [November 30th], commenced the auctioning of dollars to banks through a bidding processing targeted at stabilizing the cedi. The Bank of … Read more

New BoG Rule On Foreign Banks Laudable- Consultant

Some financial observers have lauded moves by the Bank of Ghana(BoG) to bar foreign banks from occupying the Managing Director position and Board Chair position concurrently with foreigners. The Second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama speaking at forum in Accra announced that the central bank will soon come out with … Read more