The Minister of Finance, Ken Ofori-Atta, has assured Parliament that the government and the Bank of Ghana (BoG) are on top of efforts to slowdown the depreciation of the cedi…
GOVERNMENT is planning to inject an amount of $2 billion into the country’s dollar reserves towards stabilising the exchange rate. President Akufo-Addo announced this among other major recovery reliefs for…
Association of Ghana Industries President, Dr. Humphrey Ayim-Darke, believes moves to reduce the import of finished goods will be in the best interest of the cedi, which continues to fall…
President Nana Addo Dankwa Akufo-Addo says efforts are being made to halt the ongoing depreciation of the Cedi against the US Dollar.According to the President, the development is of concern…
The Finance Minister, Ken Ofori-Atta, says the cedi has been relatively stable against major trading currencies this year. He said this when he presented the 2021 mid-year budget review in…
Ghana is set to commence the piloting of its electronic currency by September this year. This was disclosed by the First Deputy Governor of the Bank of Ghana, Maxwell Opoku-Afari….
The Ghana cedi lost grounds against the three major trading currencies on the international currency market.The US dollar advanced on the international currency market buoyed by chains of upbeat economic…
The cedi broke its own record last year by weathering the perennial pressures and anxieties associated with elections to post a depreciation rate that is the healthiest in all election…
The Ghana Cedi depreciated against all the three major trading currencies on the interbank currency market last week.According to data from IGS Financial Services, the US dollar posted a marginal…
The coronavirus outbreak is currently hitting Ghana’s economy as the sinohydro deal and the cedi’s strong performance is being affected. The Minister of Roads and Highways, Kwesi Amoako Atta at…
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