The signs of a stable cedi/dollar exchange rate in 2025
Considering that 2025 is another year during which Ghana will not have access to the international capital market it is only to be…
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cedi
Cedi continues fine performance against dollar; $1 equals GH¢15.72
The Ghana cedi continued its fine performance in the retail market last week clawing back some gains against the US dollar amid…
Cedi depreciates by 6.5% in first 6 weeks of the year
Optimism expressed by businessmen and traders about the stability of the Cedi against the US Dollar in the early part of the New…
Global oil drops but cedi depreciation keeps fuel prices high
Consumers are bracing for mixed outcomes at the pumps as global fuel prices decline, but the local currency’s depreciation…
Cedi continues strong run against dollar; One dollar equals GH¢15.81
The cedi continued its strong run last week, appreciating against the US dollar and the other major foreign currencies on the…
BoG intervention alone in forex market cannot ensure lasting cedi stability
The Institute for Economic Affairs (IEA) is warning that the Bank of Ghana’s intervention alone in the forex market cannot ensure…
Govt’s Gold Board to regulate industry, help stabilise cedi
The government’s quest to establish the Ghana Gold Board (GoldBod) to regulate the small-scale mining sector does not only seek to…
Cedi remains volatile amid election uncertainty; trading at GHS17.20 to a…
Market analysts are projecting continued volatility for the cedi, which has now surpassed GHS 17 against the US dollar amid…
Fitch Solutions forecasts end-year cedi to dollar rate of GH¢12.25;…
Fitch Solutions is forecasting an end-year cedi to dollar rate of GH¢12.25 to one US dollar, arguing the the Ghanaian cedi will…
More tough times ahead for Ghana’s cedi; cedi is 3rd worst currency in…
The worst may not be over for Ghana’s cedi, Africa’s third-worst-performing currency this year.
Analysts said the unit, which…