BoG to Forex Bureaus: Report GH¢20,000+ FX Sales and Purchases to FIC

Ghana’s forex bureaux face a sweeping crackdown: GH¢20,000 triggers mandatory FIC reporting, while US$10,000 transactions now demand biometric verification or outright rejection.

Bank of Ghana Pours $10bn Into Forex Market—Bold Support for Cedi or Risky Bet?

Bank of Ghana dumps $10 billion to rescue the cedi—reserves somehow climb anyway. The math doesn’t add up until you see the gold.