Tag: Cedi depreciation
Containing cedi depreciation: Efforts put in place paying off – Gov’t
Efforts put in place by the government and the Bank of Ghana to arrest the free fall of the cedi against major trading currencies,...
Economic Challenges: Expect another re-denomination of the Cedi – IEA’s Kwakye
The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has indicated that another re-denomination of Ghana’s currency, the Cedi,...
Cedi depreciation, cause of cement bag price increase to ¢73 –...
The price for a 50-kilogramme bag of cement has been increased by manufacturers, effective August 30. Checks revealed that all the major manufacturers have...
Cedi Fall: ‘Ghanaian businesses are collapsing, when will Akufo-Addo learn?’ –...
A Professor of Applied Economics at the Johns Hopkins University, Steve H. Hanke has said since January 1, 2020, Ghana’s Cedi has depreciated by...
Gov’t to inject about $2bn into the economy soon – Oppong...
Information Minister, Kojo Oppong Nkrumah, has said the government is expected to inject some $2 billion into the Ghanaian economy shortly.
Kojo Oppong Nkrumah said...
Cedi continues to depreciate, hits ¢10 to a dollar
The Ghana cedi has hit the ¢10 mark as it traded at ¢10.01 in the retail market yesterday August 18th, 2022.
At the same time,...
According to Bloomberg, Cedi has the worst currency performance worldwide.
A recent currency performance ranking by Bloomberg has classified the Cedi as the worst-performing currency across the globe.
Bloomberg tracked the performance of 150 currencies...
BoG calls for calm as it introduces measures to deal with...
The Bank of Ghana (BoG) has called for calm as it has introduced measures to resolve the fall of the Cedi against the major...
More Pumping: $2bn to be injected into the economy to ‘rescue’...
Government of Ghana has hinted that an amount of USD 2 billion to be pumped into the economy in what it says will “rescue”...
Keep calm, cedi will stabilise soon – Governor of BoG
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has calmed nerves over the current rapid depreciation of the cedi, saying, the...
