Tag: Forex

On September 5, 2025, 2:06 AM The Bank of Ghana (BOG) recently released a notice dated August 20, 2025, with serious ramifications for the Ghanaian financial and business environment. The central bank directed commercial banks to immediately suspend payments of foreign currency cash for large corporate clients unless they have matching foreign currency deposits at

RBC has announced a 66% reduction in the foreign exchange limits for its personal and business banking credit cards, effective December 1. According to a notice issued by the bank today, credit cardholders' monthly limits will be reduced from approximately $41,000 (US$6,020) to $14,000 (US$2,058). “RBC is committed to being the bank for all of

Indias forex reserve falls by $691 mn, 2nd consecutive week of decline  Business Standard...