Many people think that the US dollar is the strongest currency in the world. The US dollar is the most traded in terms of margin, but not the strongest currency, according to a recent report by Legit.ng. The Kuwaiti Dinar emerged as the strongest currency in a survey conducted by …
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Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region of Ghana, the Management of the Bank of Ghana established a committee to investigate the circumstances leading to the accident and make recommendations to improve currency movement operations in the country. Amongst other recommendations, …
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Every week, Steve Hanke, a Professor of Applied Economics and Director of the Troubled Currencies Project in the United States, publishes Hanke’s currency watchlist, a group of currencies that have depreciated by at least 20% against the dollar since January 2020. Hanke, a professor at Johns Hopkins University, explains that …
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All currencies in countries such as the UK, Canada, Australia and New Zealand bearing the image of Queen Elizabeth II will be replaced following her demise. This is according to UK’s news portal The Mirror. It follows the dawn of a new era under King Charles III, the eldest son …
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On the Interbank forex rates from the Bank of Ghana today, July 6, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.2409 and a selling price of 7.2481. As compared to yesterday’s trading of a buying price of 7.2309 and a selling price of 7.2381. At …
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On the Interbank forex rates from the Bank of Ghana today, February 28, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.5971 and a selling price of 6.6037. As compared to Friday’s trading of a buying price of 6.5971 and a selling price of 6.6037. At …
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• The cedi traded against the dollar at a mid-rate of 5.7512 • It’s trade value against the Pounds Sterling stands at 7.9450 mid-rate • The Euro, however, went up at a mid-rate of 6.8242 On the interbank board today, June 21, 2021, the Ghana Cedi is trading against …
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