We’ve enough buffers; cedi will soon appreciate – BoG Governor
The Bank of Ghana (BoG) is bolstering its reserves to curb the cedi’s depreciation against major foreign currencies as demand for…
Browsing Tag
cedi depreciation
Cedi hits GH¢16 to a dollar on retail market
The Ghana cedi has hit the GH¢16 mark to a dollar on the retail market after weeks of relative stability.
This is how much most…
Cedi fall: Duties on imported cars paid in dollars – Automobile Dealers…
Importers of second-hand cars in Ghana are encountering a substantial financial hurdle due to the government’s policy of levying…
FABAG calls for national dialogue on depreciating cedi
The Food and Beverages Association of Ghana (FABAG) has called for a national dialogue on the free fall of the cedi.
FABAG…
Ghana at the crossroads – cedi depreciation, the price for inflation
Ghana is facing a severe economic downturn that has impacted a large section of the population, with the poor being the worst hit.…
Drivers, commuters disagree over transport fares – Citizens call on…
Commercial drivers have begun charging new fares following an agreement that transport fares should be adjusted.
However, while…
Sika mpɛ dede – President Akufo-Addo on what caused the cedi…
President Nana Addo Dankwa Akufo-Addo has stated that the recent depreciation of the Ghana cedi was caused by low inflows of…
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…
Kumasi traders close shops in Adum to protest rising taxes
Traders in parts of the central business district of Adum in Kumasi have locked up their shops in protest against rising taxation…
GSE is worst performing stock market in Africa; suffers from cedi…
The weak performance of the Ghana cedi to the dollar impacted negatively on the Ghana Stock Exchange, as the Accra Bourse was the…