Tag: Cedi
IEA Research Head Calls Central Bank ‘Toothless Bulldog’ in Tackling Cedi Depreciation Due to IMF Constraints
The Head of Research at the Institute of Economic Affairs (IEA), Dr.…
Finance Minister Reassures Businesses of Sufficient Dollar Reserves to Meet Market Demands
Finance Minister Dr. Mohammed Amin Adam assures Ghana’s business community of the…
Finance Minister Woos IMF With Gov’t’s Economic Management
Finance Minister praises Ghana's economic recovery, citing inflation control, GDP growth, and…
Dollar Hits GH¢17 at Forex the Bureaux
The US dollar hits GH¢17, driven by high demand despite government assurances,…
$660Mn IMF/World Bank Cash & BoG Reserves to Strengthen Cedi Ahead of Christmas
Finance Minister Dr. Mohammed Amin Adam assures stability of the cedi amid…
OMCs Respect NPA’s Minimum Thresholds
Ghana's fuel prices exceed NPA’s minimums as oil marketing firms respond to…
Cedi Depreciation Causes ECG to Record Over GH¢ 8 Bn Losses in 2023-Dr. Kwabena Donkor
The ever-depreciating Ghana Cedi is not only negatively impacting the cost of…
Some Forex Bureaux Sell Dollar at GH¢16.78, as Demand for the US Currency Worsens Cedi Depreciation
The US dollar hit 16.78 in Accra as demand surges, worsening cedi…
Cedi and Naira Among 4 Worst Performing Currencies in Sub-Saharan Africa in 2024 – World Bank Report
The Ghanaian cedi, Nigerian naira, and two other currencies are among Sub-Saharan…
Ghana Faces Increased Dollar Demand Amid Rising Crude Oil Prices
Ghana's rising crude oil prices increase dollar demand for imports, risking further…
Cedi Records Over 20% Depreciation Against Major Currencies in Q3 2024
The cedi depreciated by over 20% against major currencies in September 2024,…
Impact of US Rate Cut on Ghana’s Economy
The US Federal Reserve’s interest rate cut offers Ghana opportunities in lower…