Joy Business Report @1

Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

Bringing you updates from the world of business

Economist Dr. Adu Owusu Sarkodie urges bank of Ghana to continue regular monitoring of the forex market even as the cedi show some stability against the dollar.

The Ghana cedi strengthened once again by about 20 pesewas against the US dollar today November 1, 2022 to sell at ¢13.40 in the retail or forex market.

Research and investment advisory firm, Fitch Solutions, is projecting tougher times for the Ghanaian economy in 2023.

Interest rates on government securities shot up to 34% last Friday, October 28, 2022, but government failed to achieve its target in the latest Treasury bills auction.

The Bank of Ghana has assured it will not allow the ‘black market’ to drive the exchange rate market in the country.

The Bank of Ghana has assured it will not allow the ‘black market’ to drive the exchange rate market in the country. According to the Governor, Dr. Ernest Addison, it will do everything possible within its remit to ensure that black market dealers do not dictate to the market.