Stabilising the cedi; BoG to hold series of discussions with banks, forex associations this week
In an effort to halt speculation and stabilitise the foreign exchange market…
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,…