The dollar is currently pinned with investors awaiting the release of the next round of US employment statistics which starts today with the ADP numbers. Rising COVID-19 cases and slowing manufacturing in both the United States and China have taken t...

The latest mobile money statistics show strong growth, boosted by regulatory changes. Ghana’s attempts to combat fraud are delivering results. Collaboration between telcos and banks has bolstered the digital payment system.

The dollar index has managed to gain a foothold after closing below the 92.00 mark overnight. Investors pushed back the timing of taper expectations from the Fed and this put tactical long dollar traders to the sword. The issuance was up 20% compared...

Today’s Fed meeting will be closely watched given what happened in June when a shift in the Dot Plots roiled markets and saw investors drastically bring forward their bets on the timing of rate hikes. According to the CBK this is “important for monet...

Deficit exceeds target as revenue and grants underperform. Expenditures are also below projection but to lesser extent. Primary deficit is also above target suggesting public debt increase beyond planned.

The USD remains underpinned with the USD index holding north of the 92.50 mark as we enter the new trading session. While inflation remains exceptionally high and well above the CNB’s target, it is widely expected that policymakers will opt to keep r...