BoG is cautioning that the Ghana cedi may face negative risks due to pressure from dividend payments that are planned for February and March of 2026.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Bank of Ghana (BoG) is warning that pressures from dividend payments scheduled for February 2026 and March 2026 may pose downside risks to the Ghana cedi.

According to its January 2026 Monetary Policy Report, a fall in gold prices due to the strengthening of the global economy or a de-escalation of geopolitical tensions could also pose downside risks for the Ghana cedi.

In the domestic forex market, the local currency came under some marginal pressure in early 2026 after an impressive performance in 2025.

Demand pressures, largely from energy, commerce, and manufacturing, were partly offset by BoG foreign exchange intermediation, mining and remittance flows, and export proceeds from other corporates.

Source: newsthemegh.com