Economy Cedi hits GH¢14.00 to a dollar; depreciates 12.08% Kofi Ahovi Apr 25, 2024 0 The Ghana cedi has hit GH¢14 to a dollar as the depreciation pressures continue unabated. This has culminated in its…
Banking and Finance Cedi depreciates by 22.1% in March 2023 – BoG Kofi Ahovi Mar 27, 2023 0 The Bank of Ghana has put the depreciation of the cedi to the dollar at 22.1% as of March 2023. In its latest Summary of…
Banking and Finance Cedi losses some stability; $1 equals ¢12.90 Kofi Ahovi Feb 20, 2023 0 The recent gains by the Ghana cedi has come to a halt as the local currency lost some stability to the US dollar today February…
Banking and Finance $1 now sells for ¢13.75 as cedi suffers more depreciation Kofi Ahovi Oct 20, 2022 0 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…
Banking and Finance Cedi depreciation slows down; now sells at about ¢7.84 Kofi Ahovi Mar 24, 2022 0 The cedi appears to be responding positively to the recent increment in the Policy Rate by 2.5 percentage points to 17% and other…