Currency that never gains gets lifeline from Ghana central bank The Bank of Ghana sells US dollars to stabilise the cedi and closely monitors foreign-exchange trading. The cedi has slumped 18.8 percent a year on […]
Professor John Gatsi, the Dean of the School of Business at the University of Cape Coast, has continued his criticism of the FX Development Committee saying it amounts to the “highest point of political interference.” He had […]
Director of Strategy and Business Operations at Dalex Finance, Mr Joe Jackson has said Ghanaians are already aware of the issues affecting the cedi hence there is no need to form a committee to investigate […]
Mr Benjamin Kpodo, Member of Parliament (MP) for Ho Central in the Volta Region has declined invitation to serve on the 40-member Committee set up by Government to “bring the cedi back on track.” He […]
Social media commentators are up in arms with the president Nana Addo and his vice, Dr Bawumia over their combined failings to rescue the cedi from further decline. The president during his inaugural address on […]
Social media has gone berserk with a snapshot of a tweet made by President Nana Addo Dankwa Akufo-Addo on May 4, 2016, on the depreciation of the cedi prior to the general elections. The performance […]
THE POPULARITY “INVERSE” BETWEEN DR.BAWUMIAH AND KEN OFORI ATTAH If you are a news addict like myself, then one thing has definitely caught your attention in the last 24 hours.. “Government sets up Committee to investigate […]
The government of Ghana has formed a special committee made up of eminent individuals with knowledge in economics, finance, imports and exports, trade and investment to investigate why Ghana’s currency the Cedi has been falling […]
Ghanaian banks’ foreign-currency advances jumped to the highest in at least four years as the cedi weakened, Bloomberg reports. The cedi value of the loans was 27% higher at the end of October than a […]
The newly upgraded Ghana Cedi will be put into circulation for business across the country today. Embedded with new security features, the new banknotes, according to the Bank of Ghana (BoG) were meant to curtail […]
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