The Bank of Ghana will auction $120 million to Bulk Oil Distribution Companies (BDCs) in the second quarter of 2025. This is the same amount it sold to the BDCs in the first quarter of 2025.
According to its Forex Forward Auction Calendar, $40 million will be sold to the BDCs in each month of quarter 2, 2025. In April 2025, the Central Bank will auction $20 million each to the BDCs.
The same will be done in May 2025, as two auctions will take place on May 14 and May 28, 2025, respectively.
It would also sell $20 million each to the BDCs on June 12, 2025, and June 26, 2025,
