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Potential financial market impacts of new FX Net Open Position (NOP) rule: Old vs New ...

B & FT Online 03 Oct 2025
The decision by the Bank of Ghana (BoG) to revise the allowable FX Net Open Position (NOP) for banks from a symmetric band of –5percent to +5percent to a more restrictive –10percent to 0percent represents a significant shift in market regulation.
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