Cedi maintains resurgence momentum against US dollar
The cedi continued its resurgence against the major trading currencies on the retail market last week.
The local currency…
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How the dollar, energy and food prices swirled after a year of war
Russia's invasion of Ukraine has disrupted economies and markets around the world, from energy and food prices to European banks,…
Cedi lost 1.94% value to dollar last week; $1 equals ¢13.05
The Ghana cedi lost about 1.94% value to the US dollar last week to trade at an average of ¢13.0.
The local currency closed the…
Cedi continues stability against dollar; $1 equals ¢12.60
The Ghana cedi continued its good running against the US dollar for almost two weeks as it sold at ¢12.60 to one US dollar on the…
Cedi strengthens in value against dollar; 1$ now ¢13.70
The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme.…
BoG withdraws foreign exchange support for importation of rice, vegetable…
The Bank of Ghana has withdrawn foreign exchange support to customers for the importation of certain non-critical or essential…
VALCO staff wants salary pegged to the dollar
The employees of Volta Aluminum Company Limited (VALCO) want the company to peg their salaries to the exchange rate.…
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…
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…
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…