Gov’t, GUTA agree on concessions to re-open shops
The government and Ghana Union of Traders Association (GUTA) have agreed on…
$1 now sells for ¢13.75 as cedi suffers more depreciation
The woes of the Ghana cedi continued as it depreciated further to…
1$ equals ¢11.62 as cedi depreciation pressures rise
The depreciation pressures on the Ghana cedi continued relentlessly today as the…
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%…
BoG dollar auction: Demand outstrips supply by $72.2m as $1 hits ¢10.92
Demand for the US dollar fell marginally again, according to the latest…
BoG moves to check ‘street dollar’: Standing task force to ensure sanity
A STANDING task force comprising staff of the Bank of Ghana (BoG),…
Absa Bank projects ¢12 to a dollar end-year rate
Pan African bank, Absa, is projecting a further fall in the value…
World Bank explains why cedi keeps falling and US dollar keeps winning
The US dollar is on a tear, strengthening around 11% since the…
Cedi strengthens against dollar; $750m Afreximbank loan, BoG actions yielding results
The value of the cedi has begun strengthening against the US dollar,…