The Bank of Ghana (BoG) has issued a statement reaffirming the existing regulations governing foreign exchange withdrawals, amid growing public interest in the matter. In a press release dated May 15, 2025, and signed by Secretary Sandra Thompson, the central bank clarified that over-the-counter (OTC) cash withdrawals in foreign currency from Foreign Exchange Accounts (FEA) […]

Ghana’s  marking its lowest level in eight months. The decline was driven in part by a stronger Ghanaian cedi, which helped reduce import-related price pressures. Both food and non-food inflation saw a slowdown. Food inflation dropped to 25.0% from 26.5% in March, while non-food inflation decreased to 17.9% from 18.7%. On a monthly basis, consumer […]