Saturday, 7 November 2026

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Ghanaian importers can now pay for Chinese goods using cedi-yuan transactions without dollars

Ghanaian businesses importing goods from China can initiate eligible payments from their Ghana cedi accounts under a new banking arrangement being piloted by Stanbic Bank Ghana, as the Bank of Ghana (BoG) seeks to reduce the country’s reliance on the US dollar for bilateral trade.

Ghanaian importers can now pay for Chinese goods using cedi yuan transactions without dollars

Ghanaian businesses importing goods from China can initiate eligible payments from their Ghana cedi accounts under a new banking arrangement being piloted by Stanbic Bank Ghana, as the Bank of Ghana (BoG) seeks to reduce the country’s reliance on the US dollar for bilateral trade.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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