FX Forward Rates Auction Oversubscribed, BoG Moves to
Oct 20, 2021 · October 20, 2021 The Bank of Ghana’s (BoG) Foreign Exchange (FX) forward rates auction result shows that it has been oversubscribed by more than 100% by forex licensed dealing banks. The auction got bids totalling US$177.5 million, against a target of US$75 million. The BoG, however, moved to accept its target of US$75 million from the total bids.
DA: 67 PA: 65 MOZ Rank: 90 Up or Down: Up