Tag: Cedi
Cedi’s Gains and Fuel Price Drop Fail to Ease Costs as Drivers, Traders Resist Price Cuts
Currency gains and cheaper fuel offer little relief as drivers and traders…
Finance Minister Vows to Block Importation of Goods Produced Locally to Protect Ghanaian Industry
Finance Minister Dr. Ato Forson vows to ban imports of locally producible…
BoG Awaits $370M IMF Boost in Early June to Strengthen Cedi, Bolster Reserves
The Bank of Ghana expects a $370 million IMF disbursement in early…
Cedi Strengthens on Back of Leadership and Tough Policy Choices-Prof. Bokpin Explains
Professor Godfred Bokpin attributes the cedi’s recent appreciation to strong fiscal discipline…
Cedi Strength Reflects Sound Policies, Not Reserve Depletion – Central Bank Governor
Currency strength lifts outlook for businesses, with gains driven by policy discipline,…
Possible Relief Ahead as Kasapreko Hints at Price Cut Should Cedi Maintain Gains
Kasapreko says it may reduce prices if the cedi’s stability continues, as…
Ghana’s Gross International Reserves Rise to $10.67 Billion in April 2025, Cedi Gains Momentum
Ghana’s Gross International Reserves rose to $10.67 billion in April 2025, with…
Cedi Gains Raise Policy Questions as Opposition Flags Impact on Export-Led Growth
NPP's Richard Ahiagbah warns that a stronger currency could undermine Ghana’s production…
Explainer: Why Prices are Still High Despite Strong Cedi & Parallels from 2007 Redenomination
Despite the cedi’s recent gains, prices remain high due to price stickiness,…
Build 15 to 20 Years Foreign Reserves to Anchor Cedi Stability & Predictability – Economist to BoG
Prof. Godfred Bokpin urges the Bank of Ghana to prioritize building long-term…
13-member Board of Directors for GoldBod Tasked to Support Cedi, Drive Economic Resilience
A 13-member Board of Directors for the newly constituted Ghana Gold Board…
Bank of Ghana Expected to Start Cutting Rates in H2 2025 as Inflation Eases, Fitch Says
Fitch sees room for cautious policy easing as inflation moderates and external…