The stabilisation of the Ghana cedi against the major foreign currencies is expected to continue this week, following a slowdown in foreign exchange demand. The local unit recovered some of….
The Majority Leader Alexander Afenyo-Markin has cautioned the general public against rushing to buy Dollars. He assured that the Cedi would soon stabilize. Addressing the media, the Effutu lawmaker said….
The US dollar remains close to an all-time high in real effective terms. According to the Economist Intelligence Unit, the remarkable resilience of the greenback is a reflection on the….
The Bank of Ghana has set up a task force to monitor all the foreign exchange bureaux to ensure compliance, The Inquirer can report. In line with this, the Governor….
The cedi has reached a new low, hitting GH¢14 against the US dollar, marking a year-to-date depreciation of approximately 12.08%. Various forex bureaus are reported to be selling the dollar….
The Ghana cedi returned to its loss trajectory last week as it has depreciated by 9.65% to the dollar on the retail market since the beginning of the year. This….
The Ghana cedi regained some stability against the US dollar last week, preserving its year-to-date loss of about 6.35%. After a difficult period in the past two weeks, the cedi….
Minister of State-Designate for the Finance Ministry Abena Osei-Asare has told parliament that the government’s gold-for-oil programme “improved the strength of the cedi”. Debating President Nana Akufo-Addo’s State of the….
The Ghana cedi is expected to end 2024 at GH¢13.4 ± 0.10 to one US dollar. According to Databank Research, this would be influenced by expected inflows from multilateral sources…..
The Ghana cedi has lost 2.2% in value to the dollar since January 2024. This is despite the existence of the International Monetary Fund (IMF) programme which the Board approved….
