Cedi Strengthens In Value Against Dollar; 1$ Now ¢13.70
The Ghana cedi strengthened in value against the dollar almost a day after the government launched the Debt Exchange Programme. The local currency also improved in value against the other….
Tag: dollar
Cedi’s Recent Performance To Be Sustained For Few Weeks – Currency Analyst
The recent improvement in the value of the Ghana cedi against the US dollar is expected to be sustained in the next couple of weeks, Lead Researcher at GCB Capital….
Cedi Strengthens Again Against Dollar; $1 Equals ¢13.40
The Ghana cedi strengthened once again by about 20 pesewas against the US dollar today November 1, 2022 to sell at ¢13.40 in the retail or forex market. This is….
Close All Dollar Accounts-Chairman Kwadwo Boateng To BOG
The former New Patriotic Party (NPP) Chairman for New Juaben North, Kwadwo Boateng Agyemang, has called on government to close all dollar accounts. His comment comes after President Akufo-Addo addressed….
Cedi Lost 14.47% Value To Dollar Last Week
The Ghana cedi lost 14.47% in value to the dollar last week (October 17 to October 21, 2022), the worst weekly loss in over 30 years. The situation was slightly….
Forex Bureaux In Ghana Cry Over Parallel Competition With Black Market Operators
Forex bureaux in Ghana are lamenting the stiff parallel competition they are facing with illegal operators popularly known as black market. Vice President of Forex Beurau Association of Ghana, Dr….
¢14.50 Equals $1 As Cedi Depreciation Continues
The Ghana cedi continued its free fall, losing value twice within a day to sell at ¢14.50 to one US dollar. This translated to 5.45% depreciation in a day and….
Investigate How Foreign Businesses Transport Their Profit Outside The Country-Kwasi Botwe To FIC
A communications officer of the New Patriotic Patriotic Party, Kwasi Botwe has called on the Financial Intelligence Center (FIC) to investigate how foreign investors transport their profit back into their….
$1 Dollar Nears ¢13 As Fast Depreciation Of Cedi Continues
The fast depreciation of the Ghana cedi continues with no end in sight as the local currency nears ¢13 to a dollar. This is more than 6% depreciation in only….
GUTA Partly Blames Government Over Dollarization
The Ghana cedi has lost its weight against the US dollar, and this according to the Ghana Union of Traders Association (GUTA) has blamed government for partly contributing to the….