1$ Equals ¢11.62 As Cedi Depreciation Pressures Rise
The depreciation pressures on the Ghana cedi continued relentlessly today as the local currency sold at ¢11.62 pesewas in the retail market. This is almost 6% depreciation since Friday, October….
Tag: CEDI DEPRECIATION
Traders In Kumasi Lock Up Shops To Protest Fall Of Cedi; High Taxes
Some traders in the Ashanti Regional capital Kumasi have locked up their shops following the woes of the Cedi against the Dollar and its effect on businesses. They are also….
Do Everything Possible To Control Cedi Fall – Employers Association Tells Govt
The Ghana Employers Association has told the Government of Ghana to, as a matter of urgency, control the fall of the Cedi against the Dollar. President of the Association Alex….
Akufo-Addo Reiterates Commitment To Deal With ‘Unacceptable Depreciation Of The Cedi, Rein In Inflation
President Nana Addo Dankwa Akufo-Addo has reiterated his commitment to deal with the fall of the Cedi. He said this is a major preoccupation of the Government. The President made this known….
Fitch Solutions Forecasts 43% Depreciation Of Cedi To Dollar In 2022
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the American currency in….
Cement Prices To Hit ¢68 Per Bag Due To Cedi Depreciation – Manufacturers
Cement prices are expected to be increased from next week. Joy Business is learning that the wholesale price of a 50 kilogram bag is expected to hit ¢68.00, from the….