The cedi recouped some lost value against the US dollar and other major trading currencies last week. At the close of trading in the week ending March 4, the local…
A research fellow at the Institute of Fiscal Studies, Said Boakye, has painted a gloomy picture of Ghana’s economy should the debt restructuring fail to work. He said the cedi…
The Ghana cedi is beginning to lose grounds to the US dollar after performing impressively over the last month.Figures from the Bank of Ghana (BoG) for Thursday, January 5, 2023,…
The Ghana cedi strengthened once again by about 20 pesewas against the US dollar today November 1, 2022 to sell at ¢13.40 in the retail or forex market. This is…
About six trader groups and importers in Kumasi in the Ashanti Region have suspended a planned protest scheduled for 5 November. The leadership of the traders took the decision after…
The Government of Ghana has adopted five measures to prevent further free fall of the cedi. President Nana Addo Dankwa Akufo-Addo announced these measures on Sunday, when he addressed the…
SPEAKER OF Parliament, Alban Sumana Kingsford Bagbin, yesterday claimed credit for Parliament for the increase in value of the cedi against the dollar in the forex markets, asserting that the…
The World Bank has ranked the Ghana cedi as the worst-performing currency in Africa since the beginning of the year with a depreciation of 60 per cent against the United…
The Deputy Finance Minister, Dr. John Kumah, has debunked claims that the Ghana cedi is the weakest currency in Africa. According to him, such a claim is mere propaganda meant…
The value of the cedi has begun strengthening against the US dollar, following its consecutive sharp depreciation against the American currency for almost six weeks. Joy Business checks at some…
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