French Banks Exit From Africa Will Create Opportunities For Local Banks – Fitch
Fitch Solution, an international rating agency, says French banks exit from Africa will create more opportunities for local banks. The rating agency said their exit […]
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Fitch Solutions Forecasts End-Year Cedi To Dollar Rate Of GH¢12.25; Currency Depreciates 11% To Dollar
Fitch Solutions is forecasting an end-year cedi to dollar rate of GH¢12.25 to one US dollar, arguing the the Ghanaian cedi will recoup some of […]
Fitch Solutions Projects 19.0% Average Inflation For Ghana In 2024
Fitch Solutions is projecting an average inflation of 19.0% for Ghana in 2024. This is lower than the International Monetary Fund’s 22.3%. According to the […]
Cedi To Remain Stable Against Dollar In Near Term; $1 Equals ¢12.01
The cedi will remain stable against the US dollar in the near term as the upgrade in Ghana’s rating by Fitch Ratings is expected to […]
Fitch Predicts Increase In BoG’s Foreign Reserves To $7.7Bn In 2025
Ratings agency, Fitch, is predicting an increase in the Bank of Ghana’s foreign reserves to $7.7 billion in 2025, from $4.4 billion in 2022. This […]
Fitch Downgrades US Credit Rating From AAA To AA+
The US government’s credit rating has been downgraded following concerns over the state of the country’s finances and its debt burden. Fitch, one of three […]
World Growth Holding Up, But Interest Rates To Peak Higher – Fitch
Fitch Ratings has disclosed that global growth is showing near-term resilience but core inflation remains stubbornly high. In its n its June Global Economic Outlook […]
Access Bank Secures B- IDR With Stable Outlook From Fitch
Rating agency, Fitch, has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. It also affirmed the bank’s National […]