Tag: Cedi
Ghana’s Excessive Reliance on Imported Goods Major Cause of Cedi Depreciation – Economist
Dr. Daniel Anim highlights Ghana's economic challenges, citing reliance on imports, trade…
Ghana’s Month-on-Month Inflation Hits 2.6% in November, a Steep Rise from 0.9%
Ghana’s month-on-month inflation surged to 2.6% in November 2024, marking a sharp…
Economist Says Recent Cedi Gains Superficial and Manipulated by BoG Ahead of Elections
Dr. John Kwakye argues Ghana's cedi appreciation is a BoG election-driven intervention,…
Cedi Depreciation Woes Force Real Estate Developers to Innovate to Beat Down Impact
Ghana's real estate industry combats cedi depreciation by adopting local materials, innovative…
Ghana Passes 3rd Review of IMF Programme Unlocking Disbursement of $360 Mn in December
The IMF praises Ghana's impressive economic recovery progress under the Extended Credit…
Ghanaians to Enjoy Reduction in Prices Should Cedi Appreciation Be Sustained – GUTA Assures
GUTA urges Ghanaians to pray for sustained cedi appreciation, as it could…
BoG Intensifies Forex Market Intervention, Injects $40M as Cedi Strengthens
BoG injected $40M into the forex market, strengthening the cedi and reducing…
Cedi Appreciating at the Interbank Rate but Stagnant at the Forex Bureaux
The cedi is appreciating at the interbank rate, but remains stagnant at…
BoG Injects Nearly US$100 Million to Strengthen Cedi, Leading to Significant Gains
The Bank of Ghana injected nearly US$100 million into the market, strengthening…
Declare Immediate National Emergency to Rescue the Cedi- Head of IEA Research
Given the rate at which the Ghana Cedi is depreciating, an expert…
Ghana Cedi Depreciates 74% Against the Dollar in Three Years, Risks Loom for 2024
The Ghana cedi has depreciated by 74% against the dollar over three…
Bawumia’s Cedi Stabilization Campaign Promise Not Feasible – IMANI
IMANI Africa doubts the feasibility of NPP’s Gold Purchasing Programme for stabilizing…