The Bank of Ghana in its latest auction of forex, accepted $25 million in bids.
This represents 31.74% of the total amount of $78.75 million that forex dealers bid for.
In a report published by the central bank in controlling the supply of dollars, the BoG said a total of 108 bids were submitted in the latest forex auction which was carried out on Tuesday [April 7, 2020].
Dealers seeking foreign currency within the next seven days bid the highest number of 53.
The Bank of Ghana offered prices higher for the minimum bids quoted by the dealers, it offered relatively lower prices for the maximum bids quoted by the dealers.
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