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Cedi loses 37.5% in third quarter – Stock market returns negative
The cedi suffered a steep decline in value against the world major currencies in the third quarter of the year.
The local…
Talking down the cedi in the media does not help – Gabby
A leading member of the New Patriotic Party (NPP), Gabby Asare Otchere-Darko has urged the media to desist from fuelling…
$1 now sells for ¢13.75 as cedi suffers more depreciation
The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than a day, after reaching…
New fuel prices: Petrol – GH₵13.10, Diesel – GH₵15.99 per litre
Oil Marketing Companies (OMCs) with the highest-priced fuel on the downstream petroleum market have issued new prices effective…
1$ equals ¢11.62 as cedi depreciation pressures rise
The depreciation pressures on the Ghana cedi continued relentlessly today as the local currency sold at ¢11.62 pesewas in the…
BoG dollar auction: Demand outstrips supply by $72.2m as $1 hits ¢10.92
Demand for the US dollar fell marginally again, according to the latest auction of the American ‘greenback’ by the Bank of Ghana…
Absa Bank projects ¢12 to a dollar end-year rate
Pan African bank, Absa, is projecting a further fall in the value of the cedi to an end-year rate of about ¢12 to a US dollar.…
Chamber of Mines to support Bank of Ghana’s domestic gold purchase…
Gold producing member companies of the Ghana Chamber of Mines will from September this year sell about 125,000 ounces of gold to…
Investing more together for cotton made in Africa
At a partners conference on cotton jointly organized with the World Trade Organization (WTO) and the UN Conference on Trade and…
Cedi hits ¢10 to a dollar
The Ghana cedi has hit the ¢10 mark as it traded at ¢10.01 in the retail market yesterday August 18th, 2022.
At the same time,…