ALL POSTS FILED UNDER: CEDI DEPRECIATION
Cedi Depreciation, high inflation temporary – BoG
Add a CommentThe Second Deputy Governor of the Bank of Ghana (BoG), Elsie Addo Awadzi, has described as ‘temporary’ the continuous depreciation of the cedi and upward trend of the country’s headline inflation. She believes that speculative behaviour by Ghanaians is working … Read more →
Cedi depreciation is a disguised blessing
Add a CommentFor some time now, our airwaves, print and even social media seem to have had a respite on the issue of cedi depreciation and rising exchange rates. Experts and politician alike also have had same recession on the topic. But … Read more →
Cedi depreciates 1.83% in Q3
Add a CommentTHE cedi depreciated by some 1.83 per cent to the US dollar from July 1 to September 31, 2019, representing a relatively stable quarterly performance by local currency. The currency had collectively lost about 9.0 per cent in value in … Read more →
Cedi depreciation causing increase in fuel prices – COPEC
Add a CommentThe Chamber of Petroleum Consumers (COPEC) has blamed the continuous fall of the cedi against the dollar for the recent price hikes of fuel at the pumps. According to COPEC, the situation has resulted in speculations leading to an increase … Read more →
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