China’s Central Bank Mulls Further Yuan Reforms
China appears to be considering further reforms to its foreign exchange market such as reduced state meddling and freer trading ...
Tag: Foreign exchange market
Mid-Year Company Earnings To Influence Investors’ Decision
Trading activity in terms of volumes on the stock market decreased by 63.25% in the week under review as volumes ...
Solid Jobs Report Lifts US Stocks, Dollar
Wall Street stocks rallied and the dollar advanced Friday following a better-than-expected US jobs report for June, while equities elsewhere ...
Africa’s 15% Share of Global Trade Unacceptable – Rwanda Finance Minister
Rwanda’s Minister of Finance and Economic Planning Claver Gatete has said that though African trade has witnessed remarkable growth over ...
Committee To Advice On Way Forward – Boakye Agyarko
The Energy Minister, Boakye Agyarko has indicated that the eight member committee tasked to look into the alleged sale of ...
US Dollar Rebounds While Global Stocks Post Gains
Rising oil prices and investor appetite for financial stocks helped boost most major US and European equities on Monday while ...
US, European Stocks Tumble; Euro Hits 13-Month High
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to its ...
Freeze In Contracts, Vehicle Purchases Reduces Growth In Service Sector
The first quarter Gross Domestic Product (GDP) figures for 2017 have shown that the services subsector recorded the least growth. ...
Contaminated Fuel Saga A Distraction From Former Md’S Rot
The Bulk Oil Storage and Transportation (BOST) says the controversy over the sale of contaminated fuel is serving no purpose ...
BOST Reacts To Off-Spec Reports, Touts That Due Process Was Undertaken
The Bulk Oil Storage and Transportation Company Limited (BOST) has denied media reports that it is losing over GHC 7m ...
Namibia’s Foreign Reserves Stand At US$1.89 Billion
Namibia’s preliminary stock of international reserves stood at 1.89 billion U. S. dollars (24.2 billion Namibian dollars) in June, representing ...
Beijing’s Hand Seen As Yuan Hits Nearly 7-Month High
China's yuan jumped to a near seven-month high Thursday, fuelling speculation that the government was pulling strings to prop up ...
New York Fines BNP Paribas $350 Mn Over Fake Currency Trading
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included ...
Cedi Not Depreciating- Analyst Allays Fears
Some currency analysts have downplayed fears that the cedi has commenced its losing streak against major trading currencies following two ...
Markets Fall As Trump Turmoil Grows
Big falls on US stock markets have dragged down Asian shares over fears the political controversy surrounding President Trump will ...
Cedi Outshines Two Currencies
The cedi outperformed the U. S dollar and the euro but depreciated versus the British pound at the close of ...
BoG To Stop Market Volatility
The Bank of Ghana has assured the public that it will work harder to stem the volatility in the foreign ...
Trade In Other Currencies To Relieve Pressure On Dollar
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to ...
Currency Analysts Demand Stable Forex Market
Currency analysts are supporting the Bank of Ghana to intensify its efforts to stabilize the forex market and help forecasting ...
PAC Begins Public Sitting April 25
The Public Accounts Committee (PAC) of Parliament is set to commence its public hearings on Tuesday 25 April to consider ...