Tag: Cedi Auction
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BoG to auction US$715 million in 2020 to fight cedi depreciation
The Bank of Ghana (BoG) is set to auction US$715 million in Forward Foreign Exchange Auctions for the year 2020. Per the schedule released by the Bank of Ghana, the central bank will have the highest auction of 80 million dollars each in January, February and March 2020. According to the Bank of Ghana’s Foreign…