President’s measures inadequate — 3 Policy analysts
Three policy analysts have said the measures outlined by President Nana Addo Dankwa Akufo-Addo to resolve the economic crisis are…
Browsing Tag
cedi
Cedi strengthens again to the dollar; one dollar now ¢13.60
The rate of depreciation of the cedi slowed down for three days running as the local currency is now going for ¢13.60 to one US…
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…
Stabilising the cedi; BoG to hold series of discussions with banks, forex…
In an effort to halt speculation and stabilitise the foreign exchange market in the country, the Bank of Ghana will hold (Tuesday…
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…
Gov’t, GUTA agree on concessions to re-open shops
The government and Ghana Union of Traders Association (GUTA) have agreed on some concessions necessary for members of the…
$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…
Cedi loses 37.5% in value to dollar as of September 30, 2022 – BoG
As of September 30, 2022, the Ghana cedi had depreciated by 37.5% to the US dollar, the Bank of Ghana has said.
At the same…
World Bank explains why cedi keeps falling and US dollar keeps winning
The US dollar is on a tear, strengthening around 11% since the start of the year and – for the first time in two decades –…
Cedi strengthens against dollar; $750m Afreximbank loan, BoG actions…
The value of the cedi has begun strengthening against the US dollar, following its consecutive sharp depreciation against the…