BoG gives assurance cedi’s stability will be restored
The Bank of Ghana has given strong indication that the recently approved $750 million Afriexim loan facility by Parliament once…
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cedi
Depreciation of the Cedi shows lack of confidence in economy – Mahama
Former President John Dramani Mahama says the steep depreciation of the Ghana Cedi in recent days clearly shows that the mid-year…
Cement prices to hit ¢68 per bag due to cedi depreciation – Manufacturers
Cement prices are expected to be increased from next week.
The wholesale price of a 50 kilogramme bag is expected to hit…
Rising external debt sparks foreign currency demand, cedi depreciation
Auditing and management firm, Deloitte Ghana is warning that the country’s rising external debt will lead to increased demand for…
Cedi still worst performing currency in Africa; depreciates 28.8% to dollar…
The precarious situation of the cedi is not getting any better soon, as the local currency has recorded a -28.82% depreciation to…
Cedi troubles yet to be over; loses about 7% value to U.S dollar in July
The cedi lost a little over 7% in value to the US dollar in the first month of the third quarter of 2022, taking the year-to-date…
US$910m cocoa loan expected in October – Major boost for cedi
THE country’s international reserve is set to receive a major boost as the first tranche (US$ 910 million) of the US$1.3 billion…
55 pesewas out of every 1 cedi tax goes to pay Ghana’s debt
OF every cedi collected in tax revenue this year, more than 55 pesewas will be used to service the debt.
When measured against…
Government is committed to stabilizing the cedi – Ken Ofori-Atta
Minister for Finance, Ken Ofori-Atta has assured that government remains committed to implementing measures to address the…
Restoring value of the cedi: Fixing fundamental structure of economy
Beginning this year, the woes of the Ghanaian cedi have deepened as it has become one of the worst-performing currencies in…