WebJan 5, 2024 · Section 3.13.1 of the Ghana Interbank Forex Market Conduct rules stipulates that: “local and International Foreign Exchange Brokers who want to operate in Ghana's forex market are required to obtain prior approval from the Bank of Ghana at the beginning of every calendar year. WebJan 30, 2024 · The Bank of Ghana (BOG) announces the following guidelines to govern the conduct of foreign exchange (FX) forward auctions on the interbank foreign exchange market in Ghana. Download. Download. Apply. March 29, 2024. ... Results of BDCs Forex Forward Rates Auction No. 0023 Held on February 24, 2024. February 15, 2024.
The Foreign Exchange Interbank Market - Investopedia
WebJun 3, 2024 · “In pursuit of the above goals, the Bank of Ghana will not hesitate to sanction any market participant whose actions contravene … WebJun 3, 2024 · Barclays Bank Ghana has been fined an amount of Gh¢4,579,256.36 by the Central Bank for making “frivolous” quotes on Ghana’s Interbank Foreign Exchange Market. According to a statement by the Bank of Ghana, Barclays’ action is in breach of the Ghana Interbank Forex Market Conduct Rules. “ The Bank of Ghana is committed to … heapy cleveland
New Interbank Forex Market Guidelines - BANK OF …
WebJun 3, 2024 · A statement issued by the Central Bank stated that the action is in breach of the Ghana Interbank Forex Market Conduct Rules. The statement added that the Bank of Ghana is committed to ensuring sanity, transparency and promoting best practices that serve to develop and deepen the FX market in Ghana. WebJan 6, 2024 · Section 3.13.1 of the Ghana Interbank Forex Market Conduct rules stipulates that: "local and International Foreign Exchange Brokers who want to operate in Ghana’s forex market are required to obtain prior approval from the Bank of Ghana at the beginning of every calendar year. WebJun 4, 2024 · This action, according to a statement issued yesterday by the Central Bank, was in breach of the Ghana Interbank Forex Market Conduct Rules. It said the Bank of Ghana (BoG) is committed to ensuring sanity, transparency and promoting best practices that would develop and deepen the FX market in Ghana. heapy careers