Tag: Cedi

Economist Prof. Patrick Asuming has attributed traders' hesitation to reduce prices to a lingering distrust in the stability of the Ghanaian cedi, despite recent gains. Speaking to ABC Midday News, ...

In recent weeks, the Ghanaian cedi has recorded notable gains against major international currencies particularly the US dollar offering welcome relief to import-dependent businesses and signaling renewed macroeconomic optimism. According ...

Finance Minister Dr. Cassiel Ato Forson has assured Parliament that the government is taking strategic measures to stabilise the Ghanaian Cedi against major trading currencies. Addressing lawmakers on March 18, ...

The Ghanaian Cedi continued its decline against major trading currencies, with the Bank of Ghana (BoG) quoting a buying rate of 15.5422 per US dollar and a selling rate of ...

The Greater Accra Regional Chairman of the Association of Ghana Industries (AGI), Tsonam Akpeloo, has called on the government to strengthen the country’s buffer stock, particularly in the agricultural sector. ...

As Ghana approaches a crucial election season and the festive yuletide, concerns about the stability of the local currency, the cedi, continue to mount. Professor Patrick Asuming, an economist and ...

The Ghana Association of Forex Bureaux has sounded the alarm over the persistent depreciation of the Ghanaian cedi, warning that without immediate and effective interventions, the currency’s decline is unlikely ...

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has assured the public that despite the Cedi depreciating by 6.8 percent in the first quarter of the year, ...

Fuel prices are expected to record an average 2.3 percentage points increment starting today, February 1, 2024. The projected increment is according to the Institute for Energy Securities (IES). Per ...

The Ghanaian cedi has experienced a significant decline in value against the US dollar, according to a report released by the Bank of Ghana. The report indicates that the cedi ...